518 E Michigan AveMarshallMI49068
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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 Marshall at 518 E Michigan Ave, Marshall, MI, 49068 with 5% annual appreciation on a $169,000 basis while $1,345/mo rent supports operations. Total monthly income totals $1,345/mo and a $827/mo payment preserves $231/mo for cash returns. Annual cash flow comes to $2,768/yr on $56,024 deployed, and return on cash invested reaches 24.85% in year one. Equity gained on principal adds $1,091/yr, and five-year appreciation sums $46,692 alongside rental yield of 9.55%. Five-year ROI measures 129.88% and total cumulative return in cash totals $72,763.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,345/mo property income versus a $827/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1860
4,356 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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