1075 12th StMartinMI49070
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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
Rental property for sale in Martin at 1075 12th St, Martin, MI, 49070 generates $1,307/mo in rent and, after a $800/mo payment, leaves $200/mo in cash flow. Total monthly income is $1,307/mo, and annual cash flow is $2,394/yr on $54,167 invested. Return on cash invested sits at 24.33% in year one, and rental yield is 9.6% on a $163,400 entry. Equity gained on principal adds $1,054/yr, while 5% annual appreciation builds toward $45,144 over five years. Five-year ROI reaches 127.36% and total cumulative return in cash sums $68,989. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,307/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
6.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49070, Martin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,018 (100%) |
| Owner Occupied HU | 826 (81.1%) |
| Renter Occupied HU | 137 (13.5%) |
| Vacant Housing Units | 55 ( 5.4%) |
| Median Home Value | $249,679 |
| Average Home Value | $269,080 |
Housing Distribution
Address Breakdown
Residential
941
Single Family
941
Multi-Family
0
Businesses
46
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