3605 Windemere WayMarionIA52302
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3605 Windemere Way, Marion, IA, 52302 in Marion speaks for itself: 10.15% gross on a $329,900 price, generating $2,791/mo in rent and $649/mo in net income after the $1,483/mo debt service. DSCR 1.88, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,784 stacks alongside $91,145 in projected five-year appreciation and $3,038/yr in principal reduction. Projected total cumulative return: $167,335.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $649 | $450 |
City averages based on Marion market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,791 |
| Total Monthly Debt Service | $2,011 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1993
9,583 sqft 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
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
Single Family
Built in 1993
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices