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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 1417 N Wabash Ave, Marion, IN, 46952 offers $1,574/mo rent that, after a $1,346/mo payment. Total monthly income is $1,574/mo. Return on cash invested measures 18.91% in year one, and rental yield stands at 6.87% at a $274,900 entry. Equity gained on principal adds $1,774/yr while 5% annual appreciation compounds into $75,950 by year five. Five-year ROI records 97.28% and total cumulative return in cash reaches $88,647. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,574/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.92 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $274,900 |
| 2023-09-29 | Sold | $87,000 |
| 2009-07-28 | Sold | $76,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $1327.00 | 11.98% | $118,600 | -10.63% |
| 2023-03-14 | $1185.00 | 7.43% | $132,700 | 11.98% |
| 2022-03-14 | $1103.00 | 1.29% | $118,500 | 7.43% |
What's Special
Pull Down Stairs
Listed by: Joe Schroder • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508031
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.
