1700 River Rd APT 10MarysvilleMI48040
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1700 River Rd APT 10, Marysville, MI, 48040 in Marysville at $214,900 earns $1,592/mo in rent and nets $175/mo after the $966/mo payment, a 8.89% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $59,373 over five years. Ziffy Mortgage underwrites this on a 1.65 DSCR without U.S. credit history. With $1,979/yr in principal paydown, total projected return reaches $93,152.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 8.2% |
| Monthly Cash Flow | $175 | $420 |
City averages based on Marysville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,592 |
| Total Monthly Debt Service | $1,332 |
| DSCR Ratio | 1.20x |
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.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48040, Marysville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,559 (100%) |
| Owner Occupied HU | 3,679 (80.7%) |
| Renter Occupied HU | 657 (14.4%) |
| Vacant Housing Units | 223 ( 4.9%) |
| Median Home Value | $203,919 |
| Average Home Value | $236,038 |
Housing Distribution
Address Breakdown
Residential
4,482
Single Family
4,205
Multi-Family
277
Businesses
352
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
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48040, Marysville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,559 (100%) |
| Owner Occupied HU | 3,679 (80.7%) |
| Renter Occupied HU | 657 (14.4%) |
| Vacant Housing Units | 223 ( 4.9%) |
| Median Home Value | $203,919 |
| Average Home Value | $236,038 |
Housing Distribution
Address Breakdown
Residential
4,482
Single Family
4,205
Multi-Family
277
Businesses
352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Schornack • Community Choice Realty Inc
Mls Name: Realcomp II
Mls ID: #20251036802