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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 3320 N Lagro Rd, Marion, IN, 46952 generates $1,886/mo in rent, after a $1,566/mo payment. Total monthly income is $1,886/mo. Return on cash invested sits at 19.52% in year one, and rental yield is 7.07% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 100.51% and total cumulative return in cash sums $106,623. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,886/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
1.27 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-10-01 | Sold | $320,000 |
| 2025-09-07 | Pending sale | $319,900 |
| 2025-09-03 | Listed for sale | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $1499.88 | 6.47% | $216,400 | 2.90% |
| 2023-10-08 | $1408.80 | 9.95% | $210,300 | 12.82% |
| 2022-10-08 | $1281.32 | 15.96% | $186,400 | 12.42% |
What's Special
Pull Down Stairs,Storage
Listed by: Alexis Johnson • Nicholson Realty 2.0 LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202535467
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.
