816 Virginia AveMarysvilleMI48040
Nearby investment properties with comparable rents
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
Rental property for sale in Marysville at 816 Virginia Ave, Marysville, MI, 48040 generates $1,889/mo in rent and, after a $1,121/mo payment, leaves $379/mo in cash flow. Total monthly income is $1,889/mo, and annual cash flow is $4,544/yr on $75,914 invested. Return on cash invested sits at 25.9% in year one, and rental yield is 9.9% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 135.49% and total cumulative return in cash sums $102,857. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,889/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48040, Marysville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,559 (100%) |
| Owner Occupied HU | 3,679 (80.7%) |
| Renter Occupied HU | 657 (14.4%) |
| Vacant Housing Units | 223 ( 4.9%) |
| Median Home Value | $203,919 |
| Average Home Value | $236,038 |
Housing Distribution
Address Breakdown
Residential
4,482
Single Family
4,205
Multi-Family
277
Businesses
352
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Listed by: Lawrence D Palleschi • Premier Properties Real Estate LLC
Mls Name: MiRealSource
Mls ID: #50195858