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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Marion at 1119 W Spencer Ave, Marion, IN, 46952 uses $56,355 cash to close to unlock $3,583/yr annual cash flow and $299/mo monthly cash flow. Total monthly income runs $1,319/mo, and a $832/mo payment keeps the spread at $299/mo. Purchase price stands at $170,000, and rental yield measures 9.31% with $1,319/mo rent. Return on cash invested shows 26.27% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 136.72% and total cumulative return in cash records $77,049. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,319/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1900
4,748 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Listed for sale | $170,000 |
| 2023-04-06 | Listing removed | N/A |
| 2023-02-23 | Pending sale | $127,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-02 | $194.64 | -74.96% | $141,700 | 42.27% |
| 2023-07-02 | $777.20 | 14.78% | $99,600 | 18.15% |
| 2022-07-02 | $677.12 | 11.95% | $84,300 | 6.84% |
Listed by: Kayla Poling • F.C. Tucker Realty Center
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525278
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.
