4960 Lucore Rd, Marion, IA, 52302 | $61/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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4960 Lucore Rd, Marion, IA, 52302 | $61/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Marion at 4960 Lucore Rd, Marion, IA, 52302 listed at $255,000 pairs $1,717/mo rent with a $1,248/mo payment to leave $61/mo cash flow. Total monthly income runs $1,717/mo, and annual cash flow reaches $732/yr on $84,533 cash to close. Return on cash invested measures 20.77% in year one, and rental yield registers 8.08% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 107.87% and total cumulative return in cash totals $91,184. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,717/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1996

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 4960 Lucore Rd, a spacious 3-bedroom, 2-bath home tucked quietly behind Hunters Ridge Golf Course in one of Marions most sought-after locations. From the moment you step inside, youll appreciate the open, airy layout that offers room to relax, entertain, and make your own. Natural light pours through generous windows, highlighting the homes comfortable flow and potential. The large living spaces, well-sized bedrooms, and peaceful backyard create a perfect balance of function and lifestyle. Whether you're enjoying your morning coffee with a view or planning your next round of golf, this home delivers the space and setting youve been waiting forall in a location that keeps you close to everything Marion has to offer.

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