3976 Gemstone RdMarionIA52302
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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 3976 Gemstone Rd, Marion, IA, 52302 generates $2,063/mo in rent, after a $1,654/mo payment. Total monthly income is $2,063/mo. Return on cash invested sits at 18.5% in year one, and rental yield is 7.32% on a $338,000 entry. Equity gained on principal adds $2,181/yr, while 5% annual appreciation builds toward $93,383 over five years. Five-year ROI reaches 95.69% and total cumulative return in cash sums $107,222. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,063/mo property income rather than buyer’s personal income.
Condo
Built in 2016
N/A 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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