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% |
Rental property for sale in Marion at 3492 Granger Ave, Marion, IA, 52302 generates $2,089/mo in rent and, after a $1,175/mo payment, leaves $530/mo in cash flow. Total monthly income is $2,089/mo, and annual cash flow is $6,360/yr on $79,560 invested. Return on cash invested sits at 27.9% in year one, and rental yield is 10.45% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 146.1% and total cumulative return in cash sums $116,234. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,089/mo property income rather than buyer’s personal income.
Condo
Built in 2013
N/A 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: Brenda Neuendorf • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls ID: #2507646
