1006 E Duncan St APT 1B, Manchester, MI, 48158 | $920/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Manchester at 1006 E Duncan St APT 1B, Manchester, MI, 48158 uses $53,007 cash to close to unlock $11,042/yr annual cash flow and $920/mo monthly cash flow. Total monthly income runs $2,195/mo, and a $783/mo payment keeps the spread at $920/mo. Purchase price stands at $159,900, and rental yield measures 16.47% with $2,195/mo rent. Return on cash invested shows 40.74% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 216.98% and total cumulative return in cash records $115,014. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,195/mo property income covering a $783/mo payment rather than investor’s personal income.

Condo

Built in 1999

N/A lot

$N/A/sqft

$220 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48158, Manchester, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,254 (100%)
Owner Occupied HU	2,773 (85.2%)
Renter Occupied HU	312 ( 9.6%)
Vacant Housing Units	169 ( 5.2%)
Median Home Value	$363,695
Average Home Value	$428,857