2242 Huron StMarquetteMI49855
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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 Marquette at 2242 Huron St, Marquette, MI, 49855 uses $109,395 cash to close to unlock $3,060/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $2,431/mo, and a $1,615/mo payment keeps the spread at $255/mo. Purchase price stands at $330,000, and rental yield measures 8.84% with $2,431/mo rent. Return on cash invested shows 22.71% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 118.36% and total cumulative return in cash records $129,479. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,431/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49855, Marquette, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,232 (100%) |
| Owner Occupied HU | 8,720 (57.2%) |
| Renter Occupied HU | 5,149 (33.8%) |
| Vacant Housing Units | 1,363 ( 8.9%) |
| Median Home Value | $284,547 |
| Average Home Value | $337,597 |
Housing Distribution
Address Breakdown
Residential
14,635
Single Family
12,205
Multi-Family
2,430
Businesses
1,499
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