2553 Waldo StMarquetteMI49855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2553 Waldo St, Marquette, MI, 49855 earns $108/mo cash flow from $2,732/mo rent with a $1,948/mo payment. Total monthly income totals $2,732/mo, and annual cash flow totals $1,291/yr on $131,904 capital. ROI tracks 20.89% on current figures, and rental yield reads 8.24% at a $397,900 purchase. Equity gained on principal adds $2,568/yr, and 5% annual appreciation supports $109,932 over five years. Five-year ROI reaches 108.64% and total cumulative return in cash sums $143,296. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,732/mo property income instead of your personal income.
Single Family
Built in 1977
0.74 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices