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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 619 N Ivanhoe Dr, Marion, IN, 46952 with 5% annual appreciation on a $175,000 basis while $1,615/mo rent supports operations. Total monthly income totals $1,615/mo and a $857/mo payment preserves $488/mo for cash returns. Annual cash flow comes to $5,851/yr on $58,013 deployed, and return on cash invested reaches 30% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 11.07%. Five-year ROI measures 157.3% and total cumulative return in cash totals $91,255.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,615/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
7,840 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-10-21 | Sold | $175,000 |
| 2024-09-24 | Listed for sale | $170,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $2370.00 | 14.71% | $132,300 | 11.65% |
| 2023-11-02 | $2066.00 | 12.53% | $118,500 | 14.71% |
| 2022-11-02 | $1836.00 | 100.00% | $103,300 | 12.53% |
Listed by: E Marie Lloyd • Metz Phillipy Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437017
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.
