718 W Nelson St, Marion, IN, 46952 | $305/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

718 W Nelson St, Marion, IN, 46952 | $305/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1102 sft

320 E Blaine St, Greentown, IN, 46936

Currently Rented+ 2 more

2 Bed
1 Bath
792 sft

1302 S East St, Elwood, IN, 46036

3 Bed
1 Bath
1728 sft

712 S G St, Marion, IN, 46953

3 Bed
1 Bath
1200 sft

517 N A St, Elwood, IN, 46036

Nearby investment properties with comparable prices

3 Bed
2 Bath
1222 sft

105 N Main St, Swayzee, IN, 46986

4 Bed
2 Bath
3138 sft

1602 S D St, Elwood, IN, 46036

2 Bed
2 Bath
983 sft

1924 S A St, Elwood, IN, 46036

5 Bed
3 Bath
2468 sft

323 N Main St, Tipton, IN, 46072

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Marion at 718 W Nelson St, Marion, IN, 46952 at $150,000 posts ROI 27.26% with $305/mo cash flow from $1,205/mo rent. Total monthly income equals $1,205/mo, and annual cash flow records $3,657/yr on $49,725 to close. Return on cash invested measures 27.26% and rental yield reads 9.64% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 142.06% and total cumulative return in cash totals $70,638.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,205/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1900

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this beautifully updated Craftsman bungalow, full of timeless charm and thoughtful upgrades throughout. This 3-bedroom, 2.5-bathroom gem offers the perfect blend of classic character and modern convenience. Step inside to the foyer, where you will be greeted by a warm and inviting living space featuring a cozy wood-burning fireplace insertperfect for chilly eveningsand an abundance of natural light pouring in through the many windows on the main level. The open, airy layout is ideal for relaxing or entertaining. Enjoy your morning coffee on the spacious covered front porch or unwind in the comfort of your updated home, complete with fresh paint, new flooring, and stylish lighting. The kitchen and bathrooms have been tastefully updated, including new vanities and newer appliances. Major upgrades include all new plumbing, a newer furnace and water heater, updated siding, gutters, and soffitsgiving you peace of mind for years to come. Outside, youll find a 2-car detached garage and yard complete with a deck, leaving room to garden, play, or entertain. Dont miss the opportunity to own this move-in-ready home that perfectly blends classic Craftsman style with modern living!