537 Westminster StMarine CityMI48039
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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 Marine City at 537 Westminster St, Marine City, MI, 48039 with 5% annual appreciation on a $179,000 basis while $1,676/mo rent supports operations. Total monthly income totals $1,676/mo and a $876/mo payment preserves $496/mo for cash returns. Annual cash flow comes to $5,948/yr on $59,339 deployed, and return on cash invested reaches 29.93% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 11.24%. Five-year ROI measures 157.14% and total cumulative return in cash totals $93,243.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,676/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
7,840 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: Wynne E Achatz • Real Estate One Westrick-Marine City
Mls Name: MiRealSource
Mls ID: #50193582