12285 24th AveMarneMI49435
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 12285 24th Ave, Marne, MI, 49435 in Marne deserves attention. This $456,500 property earns $4,540/mo in rent, a 11.93% gross yield, and nets $1,529/mo after the $2,053/mo payment. DSCR 2.21 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $126,123 compounds alongside $4,204/yr in yearly equity build, for a total cumulative return of $272,315.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 8.5% |
| Monthly Cash Flow | $1,529 | $350 |
City averages based on Marne market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,540 |
| Total Monthly Debt Service | $2,829 |
| DSCR Ratio | 1.60x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
2.80 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1996
2.80 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices