508 W Wharton Dr, Marion, IN, 46952 | $214/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Marion at 508 W Wharton Dr, Marion, IN, 46952 priced at $115,000 converts $904/mo rent into $214/mo cash flow after a $563/mo obligation. Total monthly income equals $904/mo, and annual cash flow totals $2,562/yr on $38,123 invested. Return on cash invested prints 26.63% in year one, and rental yield reads 9.43% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 138.68% and total cumulative return in cash sums $52,869. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $904/mo property income covering a $563/mo payment, not borrower’s personal income.

Single Family

Built in 1954

6,969 sqft lot

$N/A/sqft

No HOA