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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 636 W 1st St, Marion, IN, 46952 offers a 9.32% rental yield on a $109,900 purchase with $854/mo rent. Total monthly income registers $854/mo, and a $538/mo payment leaves $194/mo available for distribution. Annual cash flow reaches $2,330/yr on $36,432 to close, and return on cash invested stands at 26.31% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 137.03% and total cumulative return in cash at $49,924. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $854/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
5,662 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-06-10 | Listed for sale | $109,900 |
| 2023-06-14 | Listing removed | $92,500 |
| 2023-06-05 | Listed for sale | $92,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-12 | N/A | N/A | $76,900 | 7.70% |
| 2023-06-12 | N/A | N/A | $71,400 | 3.48% |
| 2022-06-12 | N/A | N/A | $69,000 | 5.83% |
Listed by: Tonya McCoy • Moving Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522037
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.
