319 3rd StMarionMI49665
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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 Marion at 319 3rd St, Marion, MI, 49665 listed at $123,750 pairs $2,207/mo rent with a $606/mo payment to leave $1,346/mo cash flow. Total monthly income runs $2,207/mo, and annual cash flow reaches $16,152/yr on $41,023 cash to close. Return on cash invested measures 59.28% in year one, and rental yield registers 21.4% at a $123,750 basis. Equity gained on principal adds $799/yr, and annual property appreciation at 5% supports $34,190 by year five. Five-year ROI tracks 314.97% and total cumulative return in cash totals $129,212. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,207/mo property income relative to a $606/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49665, Marion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 1,452 (62.9%) |
| Renter Occupied HU | 264 (11.4%) |
| Vacant Housing Units | 592 (25.6%) |
| Median Home Value | $178,947 |
| Average Home Value | $221,439 |
Housing Distribution
Address Breakdown
Residential
1,789
Single Family
1,757
Multi-Family
32
Businesses
74
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Nearby investment properties with comparable prices
Listed by: Heather Root • REMAX Central
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1939055
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.