1829 Hayes StMarneMI49435
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
Rental property for sale in Marne at 1829 Hayes St, Marne, MI, 49435 priced at $350,000 converts $2,663/mo rent into $355/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,663/mo, and annual cash flow totals $4,260/yr on $116,025 invested. Return on cash invested prints 23.58% in year one, and rental yield reads 9.13% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 123.06% and total cumulative return in cash sums $142,778. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,663/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
2.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49435, Marne, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,533 (100%) |
| Owner Occupied HU | 1,307 (85.3%) |
| Renter Occupied HU | 168 (11.0%) |
| Vacant Housing Units | 58 ( 3.8%) |
| Median Home Value | $434,198 |
| Average Home Value | $445,469 |
Housing Distribution
Address Breakdown
Residential
1,310
Single Family
1,310
Multi-Family
0
Businesses
117
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