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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 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
Date | Event | Price |
|---|---|---|
| 2025-04-16 | Listed for sale | $119,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $964.00 | 4.56% | $49,700 | 3.11% |
| 2023-04-17 | $922.00 | 13.55% | $48,200 | 4.56% |
| 2022-04-17 | $812.00 | 134.68% | $46,100 | 13.55% |
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.
