11394 24th AveMarneMI49435
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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 Marne at 11394 24th Ave, Marne, MI, 49435 generates $3,244/mo in rent and, after a $2,202/mo payment, leaves $277/mo in cash flow. Total monthly income is $3,244/mo, and annual cash flow is $3,326/yr on $149,142 invested. Return on cash invested sits at 22.14% in year one, and rental yield is 8.65% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 115.36% and total cumulative return in cash sums $172,054. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,244/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
4.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49435, Marne, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,533 (100%) |
| Owner Occupied HU | 1,307 (85.3%) |
| Renter Occupied HU | 168 (11.0%) |
| Vacant Housing Units | 58 ( 3.8%) |
| Median Home Value | $434,198 |
| Average Home Value | $445,469 |
Housing Distribution
Address Breakdown
Residential
1,310
Single Family
1,310
Multi-Family
0
Businesses
117
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