365 Woodworth StMarine CityMI48039
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
Investment property for sale in Marine City at 365 Woodworth St, Marine City, MI, 48039 at $175,000 posts ROI 28.63% with $422/mo cash flow from $1,576/mo rent. Total monthly income equals $1,576/mo, and annual cash flow records $5,058/yr on $58,013 to close. Return on cash invested measures 28.63% and rental yield reads 10.81% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 150.15% and total cumulative return in cash totals $87,103.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,576/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48039, Marine City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,561 (100%) |
| Owner Occupied HU | 2,639 (74.1%) |
| Renter Occupied HU | 621 (17.4%) |
| Vacant Housing Units | 301 ( 8.5%) |
| Median Home Value | $239,461 |
| Average Home Value | $262,176 |
Housing Distribution
Address Breakdown
Residential
3,410
Single Family
3,266
Multi-Family
144
Businesses
292
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Listed by: Cosmin Hosu • Keller Williams Realty Lakeside
Mls Name: MiRealSource
Mls ID: #50184529