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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 229 W Columbia St, Marion, OH, 43302 listed at $149,900 pairs $1,414/mo rent with a $734/mo payment to leave $428/mo cash flow. Total monthly income runs $1,414/mo, and annual cash flow reaches $5,132/yr on $49,692 cash to close. Return on cash invested measures 30.24% in year one, and rental yield registers 11.32% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 158.78% and total cumulative return in cash totals $78,899. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,414/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43302, Marion, OH area.
| 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 |
Residential
21,336
Single Family
19,947
Multi-Family
1,389
Businesses
1,344
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Christopher L Conant • Century 21 Excellence Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #225042004
