2214 N Wabash Rd, Marion, IN, 46952 | $353/mo Cash Flow

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2214 N Wabash Rd, Marion, IN, 46952 | $353/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Marion at 2214 N Wabash Rd, Marion, IN, 46952 offers a 8.55% rental yield on a $314,999 purchase with $2,244/mo rent. Total monthly income registers $2,244/mo, and a $1,542/mo payment leaves $353/mo available for distribution. Annual cash flow reaches $4,235/yr on $104,422 to close, and return on cash invested stands at 23.96% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,028 over five years. Portfolio math shows five-year ROI at 124.35% and total cumulative return in cash at $129,845. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,244/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1955

0.63 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this beautifully updated 3-bedroom, 3-bath ranch, including 2 en suites, nestled on a just over a half-acre lot in the desirable Shady Hills community. This property combines classic comfort with modern convenience, offering a bright floor plan perfect for both everyday living and entertaining. Enjoy the ease of single-level living with a stylishly renovated interior, including updated flooring, lighting, and fixtures throughout. The kitchen flows seamlessly into the dining and living areas, creating a warm and inviting atmosphere. The home also features a 2-car attached garage, whole-house generator for peace of mind. Seller is also offering a complimentary home warrantyproviding both comfort and confidence to its next owner.