5046 Moraine Lake RdMareniscoMI49947
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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 Marenisco at 5046 Moraine Lake Rd, Marenisco, MI, 49947 earns from $798/mo rent with a $1,023/mo payment. Total monthly income totals $798/mo. ROI tracks 9.86% on current figures, and rental yield reads 4.58% at a $209,000 purchase. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 over five years. Five-year ROI reaches 49.5% and total cumulative return in cash sums $34,298. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $798/mo property income instead of your personal income.
Single Family
Built in N/A
3.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49947, Marenisco, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 241 (34.5%) |
| Renter Occupied HU | 29 ( 4.2%) |
| Vacant Housing Units | 428 (61.3%) |
| Median Home Value | $220,833 |
| Average Home Value | $260,353 |
Housing Distribution
Address Breakdown
Residential
235
Single Family
235
Multi-Family
0
Businesses
14
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Listed by: JULIE WINTER-PAEZ (JWP GROUP) • RE/MAX PROPERTY PROS
Mls Name: GNMLS
Mls Provider:
Mls ID: #212865
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.