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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 504 W 26th St, Marion, IN, 46953 uses $35,636 cash to close to unlock $6,730/yr annual cash flow and $561/mo monthly cash flow. Total monthly income runs $1,206/mo, and a $526/mo payment keeps the spread at $561/mo. Purchase price stands at $107,500, and rental yield measures 13.46% with $1,206/mo rent. Return on cash invested shows 38.8% in year one, and 5% annual appreciation builds toward $29,700 over five years. Five-year ROI reaches 203.88% and total cumulative return in cash records $72,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,206/mo property income covering a $526/mo payment rather than investor’s personal income.
Single Family
Built in 1954
4,486 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-02-13 | Sold | $107,500 |
| 2025-02-03 | Pending sale | $109,900 |
| 2025-01-22 | Price change | $109,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $496.00 | 5.53% | $25,700 | 3.63% |
| 2023-11-02 | $470.00 | 10.85% | $24,800 | 5.53% |
| 2022-11-02 | $424.00 | 5.47% | $23,500 | 10.85% |
Listed by: Joe Schroder • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439144
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.
