320 W 37th StMarionIN46953
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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
Investment Highlights
Rental property for sale in Marion at 320 W 37th St, Marion, IN, 46953 generates $912/mo in rent and, after a $582/mo payment, leaves $198/mo in cash flow. Total monthly income is $912/mo, and annual cash flow is $2,379/yr on $39,415 invested. Return on cash invested sits at 25.94% in year one, and rental yield is 9.2% on a $118,900 entry. Equity gained on principal adds $767/yr, while 5% annual appreciation builds toward $32,850 over five years. Five-year ROI reaches 135.08% and total cumulative return in cash sums $53,242. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $912/mo property income rather than buyer’s personal income.
Single Family
Built in 1941
2,178 sqft lot
$N/A/sqft
No HOA
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Listed by: Alexis Johnson • Nicholson Realty 2.0 LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202435853
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.