246 N 500 E #192, Marion, IN, 46952 | $407/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 #192, Marion, IN, 46952 uses $45,468 cash to close to unlock $4,884/yr annual cash flow and $407/mo monthly cash flow. Total monthly income runs $1,230/mo, and a $671/mo payment keeps the spread at $407/mo. Purchase price stands at $137,157, and rental yield measures 10.76% with $1,230/mo rent. Return on cash invested shows 30.65% in year one, and 5% annual appreciation builds toward $37,894 over five years. Five-year ROI reaches 160.19% and total cumulative return in cash records $72,834. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,230/mo property income covering a $671/mo payment rather than investor’s personal income.

Manufactured

Built in 2025

N/A lot

$N/A/sqft

No HOA