107 2nd StMarionKY42064
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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 107 2nd St, Marion, KY, 42064 offers a 9.41% rental yield on a $140,000 purchase with $1,098/mo rent. Total monthly income registers $1,098/mo, and a $685/mo payment leaves $246/mo available for distribution. Annual cash flow reaches $2,954/yr on $46,410 to close, and return on cash invested stands at 26.27% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 136.91% and total cumulative return in cash at $63,538. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,098/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
3,920 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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