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    OFF-MARKET
    Residential income homes

    1430 Jeffras Ave, Marion, IN 46952

    Property ID
    US31-1510285
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a portfolio of seven renovated rental properties located in Marion and Gas City, Indiana. The portfolio comprises six single-family homes and one duplex, totaling seven units, and boasts a strong annual net operating income (NOI) of $68,100, representing a compelling 13.65% capitalization rate. The asking price for this turnkey investment is $499,000, or approximately $71,285.71 per unit. The properties are classified as Class B and are currently generating consistent rental income. Tenants are responsible for all utilities and landscaping, minimizing management responsibilities. Individual unit details include: a duplex at 423 E South D St, Gas City, with a 3-bed/2-bath unit renting for $1,200 per month and a 1-bed/1-bath unit renting for $700 per month

    Property profile
    Verified
    Property type Residential income homes
    UPID US31-1510285
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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