24245 90th AveMarcellusMI49067
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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 Marcellus at 24245 90th Ave, Marcellus, MI, 49067 generates $870/mo in rent, after a $5,017/mo payment. Total monthly income is $870/mo. Return on cash invested sits at -0.91% in year one, and rental yield is 1.02% on a $1,025,000 entry. Equity gained on principal adds $6,614/yr, while 5% annual appreciation builds toward $283,189 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $870/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
97.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49067, Marcellus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,103 (100%) |
| Owner Occupied HU | 1,481 (70.4%) |
| Renter Occupied HU | 249 (11.8%) |
| Vacant Housing Units | 373 (17.7%) |
| Median Home Value | $218,581 |
| Average Home Value | $257,004 |
Housing Distribution
Address Breakdown
Residential
1,710
Single Family
1,688
Multi-Family
22
Businesses
79
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