835 Flight DrMarionIA52302
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Nearby investment properties with comparable prices
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 835 Flight Dr, Marion, IA, 52302 priced at $410,000 pairs $3,452/mo rent with $781/mo cash flow after a $2,007/mo payment. Total monthly income equals $3,452/mo, and annual cash flow comes to $9,368/yr on $135,915 invested. Return on cash invested is 26.8% in year one, and rental yield stands at 10.1% on a $410,000 basis. Equity gained on principal adds $2,646/yr, and 5% annual appreciation accumulates to $113,275 by year five. Five-year ROI measures 140.23% and total cumulative return in cash reaches $190,595. For financing, Ziffy Mortgage’s DSCR program evaluates $3,452/mo property income against a $2,007/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
0.30 Acres lot
$N/A/sqft
$100 annually 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: Ellen Fowler • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503103
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.