Royal Oak Ridge Rd #ICB3ZGMarionIA52302
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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 Royal Oak Ridge Rd #ICB3ZG, Marion, IA, 52302 with 5% annual appreciation on a $341,200 basis while $2,216/mo rent supports operations. Total monthly income totals $2,216/mo and a $1,670/mo payment preserves $0/mo for cash returns. Annual cash flow comes to $1/yr on $113,108 deployed, and return on cash invested reaches 19.91% in year one. Equity gained on principal adds $2,202/yr, and five-year appreciation sums $94,267 alongside rental yield of 7.79%. Five-year ROI measures 103.29% and total cumulative return in cash totals $116,831.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,216/mo property income versus a $1,670/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No 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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