316 E 6th StMarionIN46953
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow316 E 6th St, Marion, IN, 46953 in Marion is a top-tier cash-flow asset. At $119,900 it produces $1,241/mo in rent and $521/mo in net monthly income, a 12.42% gross rental yield. The DSCR of 2.30 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $6,255. Five-year appreciation adds $33,126, driving a total cumulative return of $78,960.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 7.5% |
| Monthly Cash Flow | $521 | $300 |
City averages based on Marion market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,241 |
| Total Monthly Debt Service | $672 |
| DSCR Ratio | 1.85x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
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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
Multi Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices