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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Marion at 310-320 4th St, Marion, IA, 52302 generates $1,553/mo in rent and, after a $1,126/mo payment, leaves $59/mo in cash flow. Total monthly income is $1,553/mo, and annual cash flow is $708/yr on $76,245 invested. Return on cash invested sits at 20.84% in year one, and rental yield is 8.1% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 108.21% and total cumulative return in cash sums $82,507. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,553/mo property income rather than buyer’s personal income.
Multi Family
Built in 1964
7,812 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52302, Marion, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,354 (100%) |
| Owner Occupied HU | 13,855 (71.6%) |
| Renter Occupied HU | 4,305 (22.2%) |
| Vacant Housing Units | 1,194 ( 6.2%) |
| Median Home Value | $271,020 |
| Average Home Value | $305,012 |
Residential
18,854
Single Family
16,413
Multi-Family
2,441
Businesses
958
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Molly Trimble • Lepic-Kroeger, REALTORS
Mls Name: Iowa City Area AOR
Mls ID: #202507015
