84 E Marion StSanduskyMI48471
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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
Rental property for sale in Sandusky at 84 E Marion St, Sandusky, MI, 48471 priced at $142,600 converts $1,421/mo rent into $481/mo cash flow after a $698/mo obligation. Total monthly income equals $1,421/mo, and annual cash flow totals $5,767/yr on $47,272 invested. Return on cash invested prints 32.11% in year one, and rental yield reads 11.96% against a $142,600 entry. Equity gained on principal adds $920/yr, while 5% annual appreciation compiles into $39,398 by year five. Five-year ROI reaches 168.83% and total cumulative return in cash sums $79,811. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,421/mo property income covering a $698/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48471, Sandusky, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,636 (100%) |
| Owner Occupied HU | 1,719 (65.2%) |
| Renter Occupied HU | 702 (26.6%) |
| Vacant Housing Units | 215 ( 8.2%) |
| Median Home Value | $162,345 |
| Average Home Value | $217,945 |
Housing Distribution
Address Breakdown
Residential
2,459
Single Family
2,118
Multi-Family
341
Businesses
286
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