514 E Olive St APT 104MarshalltownIA50158
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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
Total monthly income runs $920/mo, and a $582/mo payment. Purchase price stands at $118,900, and rental yield measures 9.29% with $920/mo rent. Return on cash invested shows 14.05% in year one, and 5% annual appreciation builds toward $32,850 over five years. Five-year ROI reaches 75.65% and total cumulative return in cash records $29,818. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $920/mo property income covering a $582/mo payment rather than investor’s personal income.
Apartment
Built in 1978
2.70 Acres lot
$N/A/sqft
$320 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50158, Marshalltown, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,070 (100%) |
| Owner Occupied HU | 8,290 (63.4%) |
| Renter Occupied HU | 3,581 (27.4%) |
| Vacant Housing Units | 1,199 ( 9.2%) |
| Median Home Value | $154,025 |
| Average Home Value | $199,295 |
Housing Distribution
Address Breakdown
Residential
12,506
Single Family
11,272
Multi-Family
1,234
Businesses
916
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Listed by: Tammie Engle • Premier Real Estate
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6324485
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.