990 E Allegan StMartinMI49070
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 Martin at 990 E Allegan St, Martin, MI, 49070 at $259,900 posts ROI 57.24% with $2,680/mo cash flow from $4,394/mo rent. Total monthly income equals $4,394/mo, and annual cash flow records $32,162/yr on $86,157 to close. Return on cash invested measures 57.24% and rental yield reads 20.29% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 303.6% and total cumulative return in cash totals $261,574.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,394/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1858
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49070, Martin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,018 (100%) |
| Owner Occupied HU | 826 (81.1%) |
| Renter Occupied HU | 137 (13.5%) |
| Vacant Housing Units | 55 ( 5.4%) |
| Median Home Value | $249,679 |
| Average Home Value | $269,080 |
Housing Distribution
Address Breakdown
Residential
941
Single Family
941
Multi-Family
0
Businesses
46
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