3092 Moore StMarletteMI48453
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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 Marlette at 3092 Moore St, Marlette, MI, 48453 earns $24/mo cash flow from $1,342/mo rent with a $978/mo payment. Total monthly income totals $1,342/mo, and annual cash flow totals $290/yr on $66,267 capital. ROI tracks 20.35% on current figures, and rental yield reads 8.06% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 105.79% and total cumulative return in cash sums $70,105. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,342/mo property income instead of your personal income.
Single Family
Built in 1910
0.40 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 |
Housing Distribution
Address Breakdown
Residential
2,031
Single Family
1,901
Multi-Family
130
Businesses
187
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