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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 4017 Joshua Dr, Marion, IN, 46953 offers $3,738/mo rent that, after a $1,268/mo payment, leaves $2,133/mo cash flow. Total monthly income is $3,738/mo, and annual cash flow is $25,595/yr on $85,859 cash. Return on cash invested measures 49.72% in year one, and rental yield stands at 17.32% at a $259,000 entry. Equity gained on principal adds $1,671/yr while 5% annual appreciation compounds into $71,557 by year five. Five-year ROI records 262.69% and total cumulative return in cash reaches $225,544. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,738/mo property income versus a $1,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
6,969 sqft lot
$N/A/sqft
$300 semi-annually HOA
Date | Event | Price |
|---|---|---|
| 2024-11-13 | Sold | $259,000 |
| 2024-10-28 | Pending sale | $265,000 |
| 2024-10-11 | Price change | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $2111.00 | 12.95% | $224,700 | 6.44% |
| 2023-11-02 | $1869.00 | 10.40% | $211,100 | 12.95% |
| 2022-11-02 | $1693.00 | 1.68% | $186,900 | 10.40% |
Listed by: Neha Agrawal • Forthright Real Estate LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436617
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.
