3086 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
Total monthly income runs $2,216/mo, and a $1,957/mo payment. Purchase price stands at $399,900, and rental yield measures 6.65% with $2,216/mo rent. Return on cash invested shows 16.1% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 82.98% and total cumulative return in cash records $110,000. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,216/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1970
1.32 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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