1411 N Wabash Ave, Marion, IN, 46952 | $209/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1411 N Wabash Ave, Marion, IN, 46952 | $209/mo Cash Flow | Ziffy

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Marion at 1411 N Wabash Ave, Marion, IN, 46952 earns $209/mo cash flow from $2,250/mo rent with a $1,664/mo payment. Total monthly income totals $2,250/mo, and annual cash flow totals $2,511/yr on $112,677 capital. ROI tracks 22.14% on current figures, and rental yield reads 7.94% at a $339,900 purchase. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 over five years. Five-year ROI reaches 114.58% and total cumulative return in cash sums $129,107. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,250/mo property income instead of your personal income.

Single Family

Built in 1952

0.84 Acres lot

$N/A/sqft

No HOA

More details about the property

Incredibly transformed home! Mature park like setting & 0.85 acre scenic lot. There are 4-5 Bedrooms & 3 Full Baths! New, New, New! 30x20 Lofted Barn for extra storage, too! Foyer Entry, Spacious Main Living Room w/ gas log fireplace & gorgeously finished hardwoods. New Patio Doors lead to brand new stamped concrete patio area. Kitchen is totally custom with butcher block counters, new cabinetry, LVP flooring, subway tile backsplash, & SS appliance pkg. French Doors lead to a dining room/den with built-ins. Huge Family Room spans the rear of home. 3 Beds on Main Level. Owners Suite has private bath w/ walk-in shower, vessel sink, & ceramic floors. Totally Upgraded Main Bath. Upper Level is 'dorm style' with two bedroom zones that are split by a third bath. So many built-ins & storage spaces. Brand New Vinyl Sided Exterior, Entire HVAC System, Appliances inc. washer/dryer, Grg Dr Opener, Composite Decking, Concrete Sidewalk & Patio, Interior/Exterior Doors, Trim, Paint, All Fixtures, & More! The list continues! Offering Immediate Possession! Must See!!!