246 N 500 E #194,Marion,IN,46952

Investment Highlights

Investment property for sale in Marion at 246 N 500 E #194, Marion, IN, 46952 offers a 11% rental yield on a $134,200 purchase with $1,230/mo rent. Total monthly income registers $1,230/mo, and a $657/mo payment leaves $424/mo available for distribution. Annual cash flow reaches $5,091/yr on $44,487 to close, and return on cash invested stands at 31.35% in year one. Equity gained on principal adds $866/yr while 5% annual appreciation supports $37,077 over five years. Portfolio math shows five-year ROI at 164.06% and total cumulative return in cash at $72,985. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,230/mo property income against a $657/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.