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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% |
Rental property for sale in Marion at 1123 E 54th St, Marion, IN, 46953 generates $1,264/mo in rent and, after a $978/mo payment, leaves $64/mo in cash flow. Total monthly income is $1,264/mo, and annual cash flow is $773/yr on $66,267 invested. Return on cash invested sits at 21.08% in year one, and rental yield is 7.59% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 108.87% and total cumulative return in cash sums $72,145. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,264/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
4.10 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-12-05 | Sold | $199,900 |
| 2024-08-21 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $1334.16 | 1.11% | $133,600 | -1.11% |
| 2023-11-02 | $1319.50 | 57.53% | $135,100 | 3.29% |
| 2022-11-02 | $837.60 | -50.68% | $130,800 | 45.33% |
Listed by: Naomi Eason • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202431867
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.
