16415 N 10th AveMarionMI49665
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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 Marion at 16415 N 10th Ave, Marion, MI, 49665 earns $191/mo cash flow from $1,130/mo rent with a $697/mo payment. Total monthly income totals $1,130/mo, and annual cash flow totals $2,289/yr on $47,239 capital. ROI tracks 24.75% on current figures, and rental yield reads 9.52% at a $142,500 purchase. Equity gained on principal adds $920/yr, and 5% annual appreciation supports $39,370 over five years. Five-year ROI reaches 129.38% and total cumulative return in cash sums $61,119. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,130/mo property income instead of your personal income.
Manufactured
Built in 1994
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49665, Marion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 1,452 (62.9%) |
| Renter Occupied HU | 264 (11.4%) |
| Vacant Housing Units | 592 (25.6%) |
| Median Home Value | $178,947 |
| Average Home Value | $221,439 |
Housing Distribution
Address Breakdown
Residential
1,789
Single Family
1,757
Multi-Family
32
Businesses
74
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