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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 1202 N Sheridan Rd, Marion, IN, 46952 uses $46,410 cash to close to unlock $2,626/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $1,059/mo, and a $685/mo payment keeps the spread at $219/mo. Purchase price stands at $140,000, and rental yield measures 9.08% with $1,059/mo rent. Return on cash invested shows 25.57% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 132.92% and total cumulative return in cash records $61,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,059/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.35 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Listed for sale | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $45.68 | N/A | $129,000 | 11.88% |
| 2023-05-29 | N/A | N/A | $115,300 | 11.40% |
| 2022-05-29 | N/A | N/A | $103,500 | 7.70% |
Listed by: Stephen McCoy • McCoy Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519891
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.
