7041 Forest Ln #7100MareniscoMI49947
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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 Marenisco at 7041 Forest Ln #7100, Marenisco, MI, 49947 uses $44,753 cash to close to unlock $2,058/yr annual cash flow and $172/mo monthly cash flow. Total monthly income runs $1,062/mo, and a $661/mo payment keeps the spread at $172/mo. Purchase price stands at $135,000, and rental yield measures 9.44% with $1,062/mo rent. Return on cash invested shows 24.51% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 128.09% and total cumulative return in cash records $57,325. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,062/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in N/A
30.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49947, Marenisco, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 698 (100%) |
| Owner Occupied HU | 241 (34.5%) |
| Renter Occupied HU | 29 ( 4.2%) |
| Vacant Housing Units | 428 (61.3%) |
| Median Home Value | $220,833 |
| Average Home Value | $260,353 |
Housing Distribution
Address Breakdown
Residential
235
Single Family
235
Multi-Family
0
Businesses
14
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