3395 Jonquil LnMarionIA52302
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Marion at 3395 Jonquil Ln, Marion, IA, 52302 priced at $364,950 converts $2,474/mo rent into $104/mo cash flow after a $1,786/mo obligation. Total monthly income equals $2,474/mo, and annual cash flow totals $1,249/yr on $120,981 invested. Return on cash invested prints 20.94% in year one, and rental yield reads 8.13% against a $364,950 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,829 by year five. Five-year ROI reaches 108.81% and total cumulative return in cash sums $131,644. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,474/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52302, Marion, IA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,854
Single Family
16,413
Multi-Family
2,441
Businesses
958
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Listed by: Teri Graf • Teri Graf Real Estate Team
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2501329
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.