12407 24th AveMarneMI49435
INVESTMENT ANALYSIS
Investment Verdict
Solid Income12407 24th Ave, Marne, MI, 49435 in Marne is a solid income-producing rental, 9.61% gross yield, $2,603/mo rent, $460/mo net cash flow on a $325,000 buy. DSCR 1.69 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $89,792 and $2,724/yr in principal reduction project a total cumulative return of $147,281.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 8.5% |
| Monthly Cash Flow | $460 | $350 |
City averages based on Marne market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,603 |
| Total Monthly Debt Service | $2,093 |
| DSCR Ratio | 1.24x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
0.46 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
