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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% |
Investment property for sale in Marion at 3495 Laurel Ln, Marion, IA, 52302 earns from $1,127/mo rent with a $783/mo payment. Total monthly income totals $1,127/mo. ROI tracks 16.44% on current figures, and rental yield reads 8.45% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 86.63% and total cumulative return in cash sums $45,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,127/mo property income instead of your personal income.
Condo
Built in 2009
N/A lot
$N/A/sqft
$225 monthly 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 |
|---|---|---|
| 2025-03-20 | Listed for sale | $160,000 |
| 2019-07-12 | Sold | $116,900 |
| 2016-03-18 | Sold | $105,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-25 | $2626.00 | 4.96% | $144,000 | 21.72% |
| 2022-03-25 | $2502.00 | 5.48% | $118,300 | N/A |
| 2021-03-25 | $2372.00 | 1.72% | $118,300 | N/A |
Listed by: Pattie Fox • COLDWELL BANKER HEDGES
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2501880
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.
