6590 Marsh RdMarine CityMI48039
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Nearby investment properties with comparable prices
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 6590 Marsh Rd, Marine City, MI, 48039 listed at $425,900 pairs $1,861/mo rent with a $2,085/mo payment. Total monthly income runs $1,861/mo. Return on cash invested measures 11.85% in year one, and rental yield registers 5.24% at a $425,900 basis. Equity gained on principal adds $2,748/yr, and annual property appreciation at 5% supports $117,668 by year five. Five-year ROI tracks 60.16% and total cumulative return in cash totals $84,935. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,861/mo property income relative to a $2,085/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1870
20 Acres 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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Nearby investment properties with comparable prices
Listed by: Susan Neff • One-Eleven Realty Group LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25000232
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.