955 N Quarry Rd, Marion, IN, 46952 | $188/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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955 N Quarry Rd, Marion, IN, 46952 | $188/mo Cash Flow | Ziffy

For Sale

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 955 N Quarry Rd, Marion, IN, 46952 offers a 8.04% rental yield on a $269,900 purchase with $1,808/mo rent. Total monthly income registers $1,808/mo, and a $1,321/mo payment leaves $188/mo available for distribution. Annual cash flow reaches $2,254/yr on $89,472 to close, and return on cash invested stands at 22.43% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 116.11% and total cumulative return in cash at $103,890. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,808/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1964

0.41 Acres lot

$N/A/sqft

No HOA

More details about the property

Spacious 2-Story Home in a Prime Location! This wonderful 2-story home offers 3,094 sq ft of comfortable living space, perfect for entertaining, relaxing, or everyday living. The upper level features 4 spacious bedrooms. The home has 2.5 baths which have recently been updated. The kitchen boasts an island, all appliances. It comes with a formal dining room, a cozy family room, and you will enjoy a formal living room, and a 3 seasons room providing plenty of space for gatherings. The exterior showcases a classic brick and vinyl finish, a 2-car garage, and a beautiful yard with city utilities. Conveniently located near the hospital, shopping, and the scenic river walkway, this home offers both comfort and convenience. New lines were just updated from the house to the road.