313 S Grand StMarshallMI49068
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
Rental property for sale in Marshall at 313 S Grand St, Marshall, MI, 49068 offers $2,174/mo rent that, after a $1,468/mo payment, leaves $131/mo cash flow. Total monthly income is $2,174/mo, and annual cash flow is $1,574/yr on $99,417 cash. Return on cash invested measures 21.49% in year one, and rental yield stands at 8.7% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 112.19% and total cumulative return in cash reaches $111,532. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,174/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49068, Marshall, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,616 (100%) |
| Owner Occupied HU | 4,852 (73.3%) |
| Renter Occupied HU | 1,266 (19.1%) |
| Vacant Housing Units | 498 ( 7.5%) |
| Median Home Value | $244,101 |
| Average Home Value | $290,968 |
Housing Distribution
Address Breakdown
Residential
6,420
Single Family
5,886
Multi-Family
534
Businesses
563
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