244 N William StMarine CityMI48039
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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 Marine City at 244 N William St, Marine City, MI, 48039 with 5% annual appreciation on a $185,000 basis while $1,784/mo rent supports operations. Total monthly income totals $1,784/mo and a $905/mo payment preserves $565/mo for cash returns. Annual cash flow comes to $6,774/yr on $61,328 deployed, and return on cash invested reaches 30.95% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 11.57%. Five-year ROI measures 162.63% and total cumulative return in cash totals $99,735.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,784/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1884
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48039, Marine City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,561 (100%) |
| Owner Occupied HU | 2,639 (74.1%) |
| Renter Occupied HU | 621 (17.4%) |
| Vacant Housing Units | 301 ( 8.5%) |
| Median Home Value | $239,461 |
| Average Home Value | $262,176 |
Housing Distribution
Address Breakdown
Residential
3,410
Single Family
3,266
Multi-Family
144
Businesses
292
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Listed by: Tara Knight • REALTEAM Real Estate
Mls Name: Realcomp II
Mls ID: #20251041227