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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 1813 W Riga Ave, Marion, IN, 46952 offers a 10.24% rental yield on a $190,000 purchase with $1,622/mo rent. Total monthly income registers $1,622/mo, and a $930/mo payment leaves $481/mo available for distribution. Annual cash flow reaches $5,777/yr on $62,985 to close, and return on cash invested stands at 29.08% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 151.83% and total cumulative return in cash at $95,628. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,622/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
7,840 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-05 | Listed for sale | $190,000 |
| 2018-06-11 | Sold | $106,000 |
| 2018-01-01 | Listing removed | $109,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-08 | $1312.00 | 14.89% | $146,900 | 11.97% |
| 2023-04-08 | $1142.00 | 12.51% | $131,200 | 14.89% |
| 2022-04-08 | $1015.00 | 5.53% | $114,200 | 12.51% |
Listed by: Kayla Poling • F.C. Tucker Realty Center
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511534
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.
