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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 1204 W 9th St, Marion, IN, 46953 uses $38,089 cash to close to unlock $11,816/yr annual cash flow and $985/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $562/mo payment keeps the spread at $985/mo. Purchase price stands at $114,900, and rental yield measures 17.48% with $1,674/mo rent. Return on cash invested shows 50.93% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 268.99% and total cumulative return in cash records $102,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1941
7,100 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-05-05 | Sold | $114,900 |
| 2025-04-01 | Pending sale | $114,900 |
| 2024-11-14 | Price change | $114,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $378.00 | N/A | $29,900 | 58.20% |
| 2023-11-02 | $378.00 | N/A | $18,900 | N/A |
| 2022-11-02 | $378.00 | N/A | $18,900 | N/A |
Listed by: Joe Schroder • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439857
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.
