902 Lighthouse DrMarysvilleMI48040
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
Investment property for sale in Marysville at 902 Lighthouse Dr, Marysville, MI, 48040 earns $193/mo cash flow from $1,578/mo rent with a $1,028/mo payment. Total monthly income totals $1,578/mo, and annual cash flow totals $2,316/yr on $69,615 capital. ROI tracks 23.24% on current figures, and rental yield reads 9.02% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 121.2% and total cumulative return in cash sums $84,376. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,578/mo property income instead of your personal income.
Condo
Built in 2003
N/A 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: Lisa Snay • @properties Christie's Int'l
Mls Name: MichRIC
Mls ID: #25062780