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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
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
Date | Event | Price |
|---|---|---|
| 2024-09-27 | Price change | $118,900 |
| 2024-09-17 | Listed for sale | $124,900 |
| 2024-07-18 | Sold | $25,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $412.00 | N/A | $20,600 | N/A |
| 2022-10-17 | $412.00 | N/A | $20,600 | N/A |
| 2021-10-17 | $412.00 | N/A | $20,600 | N/A |
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.
