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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 3417 E 200 N, Marion, IN, 46952 generates $1,044/mo in rent, after a $1,346/mo payment. Total monthly income is $1,044/mo. Return on cash invested sits at 11.93% in year one, and rental yield is 4.56% on a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 59.87% and total cumulative return in cash sums $54,555. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,044/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
2.46 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2019-10-07 | Listing removed | $174,900 |
| 2019-10-01 | Listed for sale | $174,900 |
| 2018-12-20 | Sold | $154,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-24 | $1138.82 | 6.65% | $211,100 | 5.71% |
| 2023-07-24 | $1067.80 | 111.68% | $199,700 | 13.98% |
| 2022-07-24 | $504.44 | 8.46% | $175,200 | 20.58% |
Listed by: Nate Nicholson • Nicholson Realty 2.0 LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528776
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.
