246 N 500 E #181, Marion, IN, 46952 | $449/mo Cash Flow

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 246 N 500 E #181, Marion, IN, 46952 uses $43,161 cash to close to unlock $5,384/yr annual cash flow and $449/mo monthly cash flow. Total monthly income runs $1,230/mo, and a $637/mo payment keeps the spread at $449/mo. Purchase price stands at $130,200, and rental yield measures 11.34% with $1,230/mo rent. Return on cash invested shows 32.38% in year one, and 5% annual appreciation builds toward $35,972 over five years. Five-year ROI reaches 169.53% and total cumulative return in cash records $73,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,230/mo property income covering a $637/mo payment rather than investor’s personal income.

Manufactured

Built in 2023

N/A lot

$N/A/sqft

No HOA