870 E Bell DrMarionIN46953
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 870 E Bell Dr, Marion, IN, 46953 in Marion hard to pass up. The 13.24% gross yield on a $163,900 purchase results in $1,808/mo in rent and $549/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.45). Annual cash flow of $6,592, five-year appreciation of $45,283, and $1,510/yr in equity build-up combine for a projected total cumulative return of $98,592.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 7.5% |
| Monthly Cash Flow | $549 | $300 |
City averages based on Marion market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,808 |
| Total Monthly Debt Service | $1,194 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1995
N/A lot
$N/A/sqft
$267 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1995
N/A lot
$N/A/sqft
$267 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charmayne Saylors • F.C. Tucker Realty Center
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433893
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.