16051 Higgins StMarcellusMI49067
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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 Marcellus at 16051 Higgins St, Marcellus, MI, 49067 offers a 17.51% rental yield on a $238,000 purchase with $3,473/mo rent. Total monthly income registers $3,473/mo, and a $1,165/mo payment leaves $1,903/mo available for distribution. Annual cash flow reaches $22,841/yr on $78,897 to close, and return on cash invested stands at 48.86% in year one. Equity gained on principal adds $1,536/yr while 5% annual appreciation supports $65,755 over five years. Portfolio math shows five-year ROI at 258.65% and total cumulative return in cash at $204,070. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,473/mo property income against a $1,165/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.60 Acres 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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