2550 Leonard StMarneMI49435
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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 Marne at 2550 Leonard St, Marne, MI, 49435 listed at $599,900 pairs $2,610/mo rent with a $2,936/mo payment. Total monthly income runs $2,610/mo. Return on cash invested measures 11.88% in year one, and rental yield registers 5.22% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 60.29% and total cumulative return in cash totals $118,996. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,610/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
8.36 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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