910 E Marion StKnoxvilleIA50138
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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 Knoxville at 910 E Marion St, Knoxville, IA, 50138 priced at $109,250 converts $850/mo rent into $90/mo cash flow after a $535/mo obligation. Total monthly income equals $850/mo, and annual cash flow totals $1,079/yr on $36,216 invested. Return on cash invested prints 22.89% in year one, and rental yield reads 9.34% against a $109,250 entry. Equity gained on principal adds $705/yr, while 5% annual appreciation compiles into $30,184 by year five. Five-year ROI reaches 119.82% and total cumulative return in cash sums $43,396. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $850/mo property income covering a $535/mo payment, not borrower’s personal income.
Single Family
Built in 1900
7,230 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50138, Knoxville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,323 (100%) |
| Owner Occupied HU | 3,596 (67.6%) |
| Renter Occupied HU | 1,312 (24.6%) |
| Vacant Housing Units | 415 ( 7.8%) |
| Median Home Value | $202,144 |
| Average Home Value | $259,265 |
Housing Distribution
Address Breakdown
Residential
5,154
Single Family
4,661
Multi-Family
493
Businesses
394
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Listed by: Jerry Drymon • EXIT Realty & Associates
Mls Name: DMMLS
Mls Provider:
Mls ID: #715099
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.