1494 N Main StMarionOH43302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1494 N Main St, Marion, OH, 43302 uses $45,416 cash to close to unlock $7,757/yr annual cash flow and $646/mo monthly cash flow. Total monthly income runs $1,548/mo, and a $671/mo payment keeps the spread at $646/mo. Purchase price stands at $137,000, and rental yield measures 13.56% with $1,548/mo rent. Return on cash invested shows 36.99% in year one, and 5% annual appreciation builds toward $37,851 over five years. Five-year ROI reaches 194.98% and total cumulative return in cash records $88,552. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,548/mo property income covering a $671/mo payment rather than investor’s personal income.
Single Family
Built in 1937
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43302, Marion, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,666 (100%) |
| Owner Occupied HU | 13,326 (58.8%) |
| Renter Occupied HU | 7,225 (31.9%) |
| Vacant Housing Units | 2,115 ( 9.3%) |
| Median Home Value | $159,439 |
| Average Home Value | $198,716 |
Housing Distribution
Address Breakdown
Residential
21,336
Single Family
19,947
Multi-Family
1,389
Businesses
1,344
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices