1762 5th StMartinMI49070
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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
Rental property for sale in Martin at 1762 5th St, Martin, MI, 49070 generates $1,633/mo in rent and, after a $929/mo payment, leaves $381/mo in cash flow. Total monthly income is $1,633/mo, and annual cash flow is $4,574/yr on $62,952 invested. Return on cash invested sits at 27.17% in year one, and rental yield is 10.32% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 142.4% and total cumulative return in cash sums $89,645. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,633/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49070, Martin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,018 (100%) |
| Owner Occupied HU | 826 (81.1%) |
| Renter Occupied HU | 137 (13.5%) |
| Vacant Housing Units | 55 ( 5.4%) |
| Median Home Value | $249,679 |
| Average Home Value | $269,080 |
Housing Distribution
Address Breakdown
Residential
941
Single Family
941
Multi-Family
0
Businesses
46
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