832 E Michigan AveMarshallMI49068
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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 Marshall at 832 E Michigan Ave, Marshall, MI, 49068 earns $191/mo cash flow from $1,476/mo rent with a $954/mo payment. Total monthly income totals $1,476/mo, and annual cash flow totals $2,286/yr on $64,643 capital. ROI tracks 23.45% on current figures, and rental yield reads 9.08% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 122.37% and total cumulative return in cash sums $79,102. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,476/mo property income instead of your personal income.
Single Family
Built in 1880
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49068, Marshall, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,616 (100%) |
| Owner Occupied HU | 4,852 (73.3%) |
| Renter Occupied HU | 1,266 (19.1%) |
| Vacant Housing Units | 498 ( 7.5%) |
| Median Home Value | $244,101 |
| Average Home Value | $290,968 |
Housing Distribution
Address Breakdown
Residential
6,420
Single Family
5,886
Multi-Family
534
Businesses
563
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