556 Blaine AveMarionOH43302
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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
Investment Highlights
Rental property for sale in Marion at 556 Blaine Ave, Marion, OH, 43302 offers $1,536/mo rent that, after a $973/mo payment, leaves $228/mo cash flow. Total monthly income is $1,536/mo, and annual cash flow is $2,740/yr on $65,902 cash. Return on cash invested measures 24.07% in year one, and rental yield stands at 9.27% at a $198,800 entry. Equity gained on principal adds $1,283/yr while 5% annual appreciation compounds into $54,925 by year five. Five-year ROI records 125.7% and total cumulative return in cash reaches $82,839. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,536/mo property income versus a $973/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
3,484 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
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Listed by: Feridoun Sorourifar • Red 1 Realty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225013234
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.