Marquette Plan, Tree Song TrailTraverse CityMI49685
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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 Traverse City at Marquette Plan, Tree Song Trail, Traverse City, MI, 49685 priced at $774,990 pairs $5,251/mo rent with $141/mo cash flow after a $3,793/mo payment. Total monthly income equals $5,251/mo, and annual cash flow comes to $1,686/yr on $254,972 invested. Return on cash invested is 20.72% in year one, and rental yield stands at 8.13% on a $774,990 basis. Equity gained on principal adds $5,001/yr, and 5% annual appreciation accumulates to $214,115 by year five. Five-year ROI measures 107.71% and total cumulative return in cash reaches $274,623. For financing, Ziffy Mortgage’s DSCR program evaluates $5,251/mo property income against a $3,793/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49685, Traverse City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,512 (100%) |
| Owner Occupied HU | 6,995 (73.5%) |
| Renter Occupied HU | 1,772 (18.6%) |
| Vacant Housing Units | 745 ( 7.8%) |
| Median Home Value | $362,492 |
| Average Home Value | $413,680 |
Housing Distribution
Address Breakdown
Residential
9,147
Single Family
8,029
Multi-Family
1,118
Businesses
850
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Listed by: N/A • Great Lake Construction
Mls Name: Great Lake Construction
Mls ID: #N/A