158 W Read StMarcellusMI49067
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
Investment Highlights
Investment property for sale in Marcellus at 158 W Read St, Marcellus, MI, 49067 at $234,900 posts ROI 21.34% with $93/mo cash flow from $1,642/mo rent. Total monthly income equals $1,642/mo, and annual cash flow records $1,112/yr on $77,869 to close. Return on cash invested measures 21.34% and rental yield reads 8.39% at the current $234,900. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 by year five. Five-year ROI prints 111.04% and total cumulative return in cash totals $86,469.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,642/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49067, Marcellus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,103 (100%) |
| Owner Occupied HU | 1,481 (70.4%) |
| Renter Occupied HU | 249 (11.8%) |
| Vacant Housing Units | 373 (17.7%) |
| Median Home Value | $218,581 |
| Average Home Value | $257,004 |
Housing Distribution
Address Breakdown
Residential
1,710
Single Family
1,688
Multi-Family
22
Businesses
79
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