6405 Cakebread CtMarionIA52302
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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
Investment property for sale in Marion at 6405 Cakebread Ct, Marion, IA, 52302 listed at $290,000 pairs $2,654/mo rent with a $1,419/mo payment to leave $654/mo cash flow. Total monthly income runs $2,654/mo, and annual cash flow reaches $7,846/yr on $96,135 cash to close. Return on cash invested measures 28.07% in year one, and rental yield registers 10.98% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 147.55% and total cumulative return in cash totals $141,844. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,654/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
8,755 sqft lot
$N/A/sqft
$255 quarterly 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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Listed by: David Berry • Realty87
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2506380
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.