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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 127 E Walnut St, Marion, OH, 43302 priced at $134,950 converts $1,414/mo rent into $526/mo cash flow after a $661/mo obligation. Total monthly income equals $1,414/mo, and annual cash flow totals $6,310/yr on $44,736 invested. Return on cash invested prints 34.01% in year one, and rental yield reads 12.57% against a $134,950 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,284 by year five. Five-year ROI reaches 179.02% and total cumulative return in cash sums $80,085. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,414/mo property income covering a $661/mo payment, not borrower’s personal income.
Multi Family
Built in 1925
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43302, Marion, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,666 (100%) |
| Owner Occupied HU | 13,326 (58.8%) |
| Renter Occupied HU | 7,225 (31.9%) |
| Vacant Housing Units | 2,115 ( 9.3%) |
| Median Home Value | $159,439 |
| Average Home Value | $198,716 |
Residential
21,336
Single Family
19,947
Multi-Family
1,389
Businesses
1,344
Date | Event | Price |
|---|---|---|
| 2010-06-14 | Sold | $16,667 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-18 | $1539.82 | -33.12% | $40,200 | N/A |
| 2022-09-18 | $2302.26 | 18.73% | $40,200 | 24.04% |
| 2021-09-18 | $1939.10 | -2.98% | $32,410 | N/A |
No similar rental properties found nearby.
Listed by: Cindy Dutton • RealtyOhio Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225035382
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.
