1810 W. Nelson Street Marion, IN
ROI 21%. This property will pay for itself in 58 months! The inside was completely renovated as a 3 bdrm/1 ba and then had a fire. No issues with foundation or structural integrity, but everything else would need to be completely redone. This does have a 1 car garage. Avg rent potential 3/1 $880
Purchase Price $7k
Reno Costs $40k
Monthly Rent $880
Monthly Taxes and Insurance: $75
Net Monthly Rent $805
Yearly Net Profit 9,660
Yearly Net Profit $9,660k divided by Total Investment (Purchase Price + Reno Costs) $47k = 21% ROI
Click here for additional photos: Pics 1810 W. Nelson Ave Marion, IN – Google Drive
This is available as a single purchase or buy an entire portfolio with ROIs of 20% or More! Why Marion?
Marion is one of the best cities for rentals in Indiana. There is a high demand and the supply is low, As the city grows, the demand gets even greater! The Mayor is focusing on creating a city that attracts new families and retains those currently living in this small town which is conveniently located between Indianapolis and Fort Wayne. GM has committed to $481 million dollars to help grow commerce and increase jobs. Get in while the getting is good and before the secret is out!
ADDITIONAL MARION PROPERTIES AVAILABLE
1905 S Adams Street Marion, IN 46953, SFH 20% ROI
502 W. 2nd Street Marion, IN 46952, SFH 24% ROI
1640 W. 4th Street Marion, IN 46952, SFH 24% ROI
204 S. Race Street Marion, IN 46952, Quad 21% ROI 648 Calhoun Street Wabash, IN 46992, SFH 20% ROI
Please call, text, or email Lisa for additional info.