1416 W Spencer AveMarionIN46952
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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
Investment Highlights
Investment property for sale in Marion at 1416 W Spencer Ave, Marion, IN, 46952 earns $199/mo cash flow from $916/mo rent with a $585/mo payment. Total monthly income totals $916/mo, and annual cash flow totals $2,383/yr on $39,614 capital. ROI tracks 25.92% on current figures, and rental yield reads 9.2% at a $119,500 purchase. Equity gained on principal adds $771/yr, and 5% annual appreciation supports $33,016 over five years. Five-year ROI reaches 134.91% and total cumulative return in cash sums $53,442. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $916/mo property income instead of your personal income.
Single Family
Built in 1880
435.60 sqft lot
$N/A/sqft
No HOA
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Listed by: Sally A Jenks • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513080
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.