5900 Cooper RdMarletteMI48453
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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 Marlette at 5900 Cooper Rd, Marlette, MI, 48453 uses $96,135 cash to close to unlock $1,620/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $2,047/mo, and a $1,419/mo payment keeps the spread at $135/mo. Purchase price stands at $290,000, and rental yield measures 8.47% with $2,047/mo rent. Return on cash invested shows 21.59% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 112.41% and total cumulative return in cash records $108,064. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,047/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48453, Marlette, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,068 (100%) |
| Owner Occupied HU | 1,431 (69.2%) |
| Renter Occupied HU | 443 (21.4%) |
| Vacant Housing Units | 194 ( 9.4%) |
| Median Home Value | $170,585 |
| Average Home Value | $215,910 |
Housing Distribution
Address Breakdown
Residential
2,031
Single Family
1,901
Multi-Family
130
Businesses
187
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