5724 22 Mile RdMarionMI49665
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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 Marion at 5724 22 Mile Rd, Marion, MI, 49665 earns $302/mo cash flow from $2,939/mo rent with a $1,957/mo payment. Total monthly income totals $2,939/mo, and annual cash flow totals $3,626/yr on $132,567 capital. ROI tracks 22.64% on current figures, and rental yield reads 8.82% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 118.07% and total cumulative return in cash sums $156,524. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,939/mo property income instead of your personal income.
Single Family
Built in 2012
40 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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Listed by: Wade Edwards • ERA Greater North Properties
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1925798
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 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.