403 S Main StMarble RockIA50653
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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 Marble Rock at 403 S Main St, Marble Rock, IA, 50653 generates $0/mo in rent, after a $1,468/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.6% in year one, and rental yield is 0% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Multi Family
Built in 1974
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50653, Marble Rock, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 274 (100%) |
| Owner Occupied HU | 202 (73.7%) |
| Renter Occupied HU | 53 (19.3%) |
| Vacant Housing Units | 19 ( 6.9%) |
| Median Home Value | $207,895 |
| Average Home Value | $286,931 |
Housing Distribution
Address Breakdown
Residential
168
Single Family
168
Multi-Family
0
Businesses
11
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No similar rental properties found nearby.
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Listed by: JENNA SHERIFF • Jane Fischer & Associates Llc
Mls Name: Greater Mason BOR
Mls ID: #250815