398 Pearl StMarionOH43302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 398 Pearl St, Marion, OH, 43302 priced at $194,900 pairs $1,562/mo rent with $280/mo cash flow after a $954/mo payment. Total monthly income equals $1,562/mo, and annual cash flow comes to $3,359/yr on $64,609 invested. Return on cash invested is 25.11% in year one, and rental yield stands at 9.62% on a $194,900 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,847 by year five. Five-year ROI measures 131.22% and total cumulative return in cash reaches $84,783. For financing, Ziffy Mortgage’s DSCR program evaluates $1,562/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43302, Marion, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,666 (100%) |
| Owner Occupied HU | 13,326 (58.8%) |
| Renter Occupied HU | 7,225 (31.9%) |
| Vacant Housing Units | 2,115 ( 9.3%) |
| Median Home Value | $159,439 |
| Average Home Value | $198,716 |
Housing Distribution
Address Breakdown
Residential
21,336
Single Family
19,947
Multi-Family
1,389
Businesses
1,344
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tonda Brown • e-Merge Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225014378
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.