1160 AshtonMartinMI49070
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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 Martin at 1160 Ashton, Martin, MI, 49070 uses $47,371 cash to close to unlock $1,753/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $1,088/mo, and a $699/mo payment keeps the spread at $146/mo. Purchase price stands at $142,900, and rental yield measures 9.14% with $1,088/mo rent. Return on cash invested shows 23.61% in year one, and 5% annual appreciation builds toward $39,481 over five years. Five-year ROI reaches 123.31% and total cumulative return in cash records $58,413. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,088/mo property income covering a $699/mo payment rather than investor’s personal income.
Manufactured
Built in 2020
N/A 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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