246 N 500 E #241, Marion, IN, 46952 | $182/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 #241, Marion, IN, 46952 uses $33,316 cash to close to unlock $2,179/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $785/mo, and a $492/mo payment keeps the spread at $182/mo. Purchase price stands at $100,500, and rental yield measures 9.37% with $785/mo rent. Return on cash invested shows 26.45% in year one, and 5% annual appreciation builds toward $27,766 over five years. Five-year ROI reaches 137.72% and total cumulative return in cash records $45,881. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $785/mo property income covering a $492/mo payment rather than investor’s personal income.

Manufactured

Built in 20202

N/A lot

$N/A/sqft

No HOA