103 Leland AveMarionKY42064
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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 103 Leland Ave, Marion, KY, 42064 with 5% annual appreciation on a $115,000 basis while $968/mo rent supports operations. Total monthly income totals $968/mo and a $563/mo payment preserves $268/mo for cash returns. Annual cash flow comes to $3,216/yr on $38,123 deployed, and return on cash invested reaches 28.34% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 10.1%. Five-year ROI measures 147.94% and total cumulative return in cash totals $56,397.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $968/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42064, Marion, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,966 (100%) |
| Owner Occupied HU | 2,461 (62.1%) |
| Renter Occupied HU | 794 (20.0%) |
| Vacant Housing Units | 711 (17.9%) |
| Median Home Value | $138,755 |
| Average Home Value | $175,833 |
Housing Distribution
Address Breakdown
Residential
3,419
Single Family
3,417
Multi-Family
2
Businesses
265
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Listed by: Crystal Oliver • RE/MAX Realty Group
Mls Name: WKRMLS
Mls ID: #131933
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.