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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 60 Nichols Ave, Marion, KY, 42064 listed at $299,000 pairs $1,166/mo rent with a $1,463/mo payment. Total monthly income runs $1,166/mo. Return on cash invested measures 12% in year one, and rental yield registers 4.68% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 60.3% and total cumulative return in cash totals $59,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,166/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 42064, Marion, KY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,966 (100%) |
| Owner Occupied HU | 2,461 (62.1%) |
| Renter Occupied HU | 794 (20.0%) |
| Vacant Housing Units | 711 (17.9%) |
| Median Home Value | $138,755 |
| Average Home Value | $175,833 |
Residential
3,419
Single Family
3,417
Multi-Family
2
Businesses
265
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Abigail Dority • Arnold Realty Group
Mls Name: WKRMLS
Mls ID: #132704
