10562 State Highway M64MareniscoMI49947
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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
Investment Highlights
Investment property for sale in Marenisco at 10562 State Highway M64, Marenisco, MI, 49947 listed at $1,475,000 pairs $3,414/mo rent with a $7,219/mo payment. Total monthly income runs $3,414/mo. Return on cash invested measures 4.52% in year one, and rental yield registers 2.78% at a $1,475,000 basis. Equity gained on principal adds $9,518/yr, and annual property appreciation at 5% supports $407,515 by year five. Five-year ROI tracks 20.76% and total cumulative return in cash totals $99,214. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,414/mo property income relative to a $7,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49947, Marenisco, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 241 (34.5%) |
| Renter Occupied HU | 29 ( 4.2%) |
| Vacant Housing Units | 428 (61.3%) |
| Median Home Value | $220,833 |
| Average Home Value | $260,353 |
Housing Distribution
Address Breakdown
Residential
235
Single Family
235
Multi-Family
0
Businesses
14
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