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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 1402 W Chapel Pike, Marion, IN, 46952 listed at $184,900 pairs $1,416/mo rent with a $905/mo payment to leave $306/mo cash flow. Total monthly income runs $1,416/mo, and annual cash flow reaches $3,673/yr on $61,294 cash to close. Return on cash invested measures 25.9% in year one, and rental yield registers 9.19% at a $184,900 basis. Equity gained on principal adds $1,193/yr, and annual property appreciation at 5% supports $51,084 by year five. Five-year ROI tracks 134.82% and total cumulative return in cash totals $82,639. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,416/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
0.46 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-05-25 | Listed for sale | $184,900 |
| 2003-03-13 | Sold | $13,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-28 | $1275.00 | 14.15% | $142,500 | 11.76% |
| 2023-05-28 | $1117.00 | 8.13% | $127,500 | 14.15% |
| 2022-05-28 | $1033.00 | 2.18% | $111,700 | 8.13% |
Listed by: Joe Schroder • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519462
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