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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% |
Investment property for sale in Marion at 453 Summit St, Marion, OH, 43302 with 5% annual appreciation on a $150,000 basis while $1,464/mo rent supports operations. Total monthly income totals $1,464/mo and a $734/mo payment preserves $478/mo for cash returns. Annual cash flow comes to $5,730/yr on $49,725 deployed, and return on cash invested reaches 31.43% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 11.71%. Five-year ROI measures 165.18% and total cumulative return in cash totals $82,134.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,464/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1919
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43302, Marion, OH area.
| 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 |
Residential
21,336
Single Family
19,947
Multi-Family
1,389
Businesses
1,344
Date | Event | Price |
|---|---|---|
| 2025-08-29 | Sold | $150,000 |
| 2025-08-05 | Contingent | $154,900 |
| 2025-08-02 | Listed for sale | $154,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-07 | $1369.82 | -34.67% | $36,610 | N/A |
| 2022-10-07 | $2096.66 | 22.06% | $36,610 | 27.52% |
| 2021-10-07 | $1717.72 | -2.98% | $28,710 | N/A |
Listed by: Mary Lou Bell • Errington Realty LLC.
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225029028
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.
