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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 1855 N Michael Dr, Marion, IN, 46952 offers a 11.3% rental yield on a $155,000 purchase with $1,459/mo rent. Total monthly income registers $1,459/mo, and a $759/mo payment leaves $517/mo available for distribution. Annual cash flow reaches $6,208/yr on $51,383 to close, and return on cash invested stands at 31.99% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 167.55% and total cumulative return in cash at $86,092. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,459/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.47 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-20 | Listed for sale | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $1416.02 | 2.94% | $140,800 | 11.04% |
| 2023-04-22 | $1375.62 | -3.27% | $126,800 | 12.21% |
| 2022-04-22 | $1422.08 | 231.52% | $113,000 | 6.81% |
Listed by: Craig Luthy • Nicholson Realty 2.0 LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513669
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.
