112 White StMarionMI49665
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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 Marion at 112 White St, Marion, MI, 49665 priced at $199,900 converts $1,564/mo rent into $246/mo cash flow after a $978/mo obligation. Total monthly income equals $1,564/mo, and annual cash flow totals $2,954/yr on $66,267 invested. Return on cash invested prints 24.37% in year one, and rental yield reads 9.39% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 127.34% and total cumulative return in cash sums $84,385. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,564/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49665, Marion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 1,452 (62.9%) |
| Renter Occupied HU | 264 (11.4%) |
| Vacant Housing Units | 592 (25.6%) |
| Median Home Value | $178,947 |
| Average Home Value | $221,439 |
Housing Distribution
Address Breakdown
Residential
1,789
Single Family
1,757
Multi-Family
32
Businesses
74
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