3399 Prairie Bend CirMarionIA52302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Marion at 3399 Prairie Bend Cir, Marion, IA, 52302 at $155,500 posts ROI 25.55% with $242/mo cash flow from $1,432/mo rent. Total monthly income equals $1,432/mo, and annual cash flow records $2,906/yr on $51,548 to close. Return on cash invested measures 25.55% and rental yield reads 11.05% at the current $155,500. Equity gained on principal adds $1,003/yr, and 5% annual appreciation supports $42,962 by year five. Five-year ROI prints 135.07% and total cumulative return in cash totals $69,629.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,432/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2007
N/A lot
$N/A/sqft
$2,100 annually 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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Nearby investment properties with comparable prices
Listed by: Alexis Kemp • RE/MAX Concepts
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202501996
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.