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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 831 E Sherman St, Marion, IN, 46952 uses $49,725 cash to close to unlock $4,221/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $1,252/mo, and a $734/mo payment keeps the spread at $352/mo. Purchase price stands at $150,000, and rental yield measures 10.02% with $1,252/mo rent. Return on cash invested shows 28.4% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 148.14% and total cumulative return in cash records $73,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,252/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
0.50 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-10-18 | Sold | $150,000 |
| 2024-08-30 | Price change | $152,900 |
| 2024-07-15 | Pending sale | $145,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $583.14 | -6.52% | $78,000 | 4.14% |
| 2023-11-02 | $623.84 | 2.35% | $74,900 | 7.61% |
| 2022-11-02 | $609.50 | 27.86% | $69,600 | 5.61% |
Listed by: Suzie Mack • F.C. Tucker Realty Center
Mls Name: IRMLS
Mls Provider:
Mls ID: #202423114
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.
