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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 567 Wilson Ave, Marion, OH, 43302 offers a 10.38% rental yield on a $134,900 purchase with $1,167/mo rent. Total monthly income registers $1,167/mo, and a $660/mo payment leaves $280/mo available for distribution. Annual cash flow reaches $3,359/yr on $44,719 to close, and return on cash invested stands at 27.42% in year one. Equity gained on principal adds $870/yr while 5% annual appreciation supports $37,270 over five years. Portfolio math shows five-year ROI at 143.63% and total cumulative return in cash at $64,229. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,167/mo property income against a $660/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4,356 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 |
|---|---|---|
| 2022-12-01 | Listing removed | N/A |
| 2022-11-10 | Listing removed | N/A |
| 2022-11-02 | Price change | $990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-13 | $982.88 | N/A | $25,660 | 87.85% |
| 2022-03-13 | N/A | N/A | $13,660 | 30.59% |
| 2021-03-13 | N/A | N/A | $10,460 | N/A |
Listed by: Tonda Brown • e-Merge Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225007451
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.
