939 W 3rd St, Marion, IN, 46952 | $206/mo Cash Flow

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939 W 3rd St, Marion, IN, 46952 | $206/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Marion at 939 W 3rd St, Marion, IN, 46952 earns $206/mo cash flow from $926/mo rent with a $587/mo payment. Total monthly income totals $926/mo, and annual cash flow totals $2,472/yr on $39,780 capital. ROI tracks 26.12% on current figures, and rental yield reads 9.26% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 135.92% and total cumulative return in cash sums $54,067. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $926/mo property income instead of your personal income.

Single Family

Built in 1900

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

Diamond in the rough! Located in the heart of Marion. Opportunity awaits in this spacious 3-bedroom, 2-bathroom home situated on a corner lot. This property is offering endless possibilities for those seeking to create their ideal living space. Bring your vision and transform this fixer-upper into a personalized masterpiece, capitalizing on its sizable footprint. With some TLC and a keen eye for design, its an incredible opportunity for Investors and DIY enthusiasts. Selling AS-IS.