2892 W Koylette Rd, Marlette, MI, 48453 | 7.59% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Marlette at 2892 W Koylette Rd, Marlette, MI, 48453 generates $1,328/mo in rent, after a $1,028/mo payment. Total monthly income is $1,328/mo. Return on cash invested sits at 18.93% in year one, and rental yield is 7.59% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 98.09% and total cumulative return in cash sums $68,284. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,328/mo property income rather than buyer’s personal income.

Single Family

Built in 2003

2 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48453, Marlette, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,068 (100%)
Owner Occupied HU	1,431 (69.2%)
Renter Occupied HU	443 (21.4%)
Vacant Housing Units	194 ( 9.4%)
Median Home Value	$170,585
Average Home Value	$215,910