2401 N Lakeshore UNIT 9MarquetteMI49855
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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 2401 N Lakeshore UNIT 9, Marquette, MI, 49855 listed at $333,800 pairs $2,333/mo rent with a $1,634/mo payment to leave $132/mo cash flow. Total monthly income runs $2,333/mo, and annual cash flow reaches $1,578/yr on $110,655 cash to close. Return on cash invested measures 21.34% in year one, and rental yield registers 8.39% at a $333,800 basis. Equity gained on principal adds $2,154/yr, and annual property appreciation at 5% supports $92,223 by year five. Five-year ROI tracks 111.04% and total cumulative return in cash totals $122,872. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,333/mo property income relative to a $1,634/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A 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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