Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Marion at 3195 7th St, Marion, IA, 52302 offers a 9.13% rental yield on a $255,000 purchase with $1,940/mo rent. Total monthly income registers $1,940/mo, and a $1,248/mo payment leaves $284/mo available for distribution. Annual cash flow reaches $3,408/yr on $84,533 to close, and return on cash invested stands at 23.94% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 124.85% and total cumulative return in cash at $105,536. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,940/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
9,147 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 |
|---|---|---|
| 2025-01-17 | Listed for sale | $255,000 |
| 2023-01-04 | Listing removed | N/A |
| 2023-01-03 | Pending sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-27 | $3610.00 | 11.01% | $208,400 | 28.09% |
| 2022-01-27 | $3252.00 | -0.31% | $162,700 | N/A |
| 2021-01-27 | $3262.00 | 1.87% | $162,700 | 6.06% |
Listed by: Stacie Johnson • Fathom Realty
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2500427
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
