9199 E Shore RdMareniscoMI49947
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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 9199 E Shore Rd, Marenisco, MI, 49947 earns $306/mo cash flow from $4,520/mo rent with a $3,128/mo payment. Total monthly income totals $4,520/mo, and annual cash flow totals $3,668/yr on $210,231 capital. ROI tracks 21.81% on current figures, and rental yield reads 8.49% at a $639,000 purchase. Equity gained on principal adds $4,123/yr, and 5% annual appreciation supports $176,544 over five years. Five-year ROI reaches 113.51% and total cumulative return in cash sums $238,636. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,520/mo property income instead of your personal income.
Single Family
Built in 2009
3.20 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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Listed by: ROBERT WADESON • KELLER WILLIAMS REALTY LIVINGSTON
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50140143
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.