10132 Canoe CirGalesburgMI49053
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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 Galesburg at 10132 Canoe Cir, Galesburg, MI, 49053 earns $850/mo cash flow from $2,696/mo rent with a $1,370/mo payment. Total monthly income totals $2,696/mo, and annual cash flow totals $10,200/yr on $92,820 capital. ROI tracks 30.9% on current figures, and rental yield reads 11.55% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 162.28% and total cumulative return in cash sums $150,633. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,696/mo property income instead of your personal income.
Single Family
Built in 2008
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49053, Galesburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,870 (100%) |
| Owner Occupied HU | 2,333 (81.3%) |
| Renter Occupied HU | 434 (15.1%) |
| Vacant Housing Units | 103 ( 3.6%) |
| Median Home Value | $281,479 |
| Average Home Value | $302,628 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,741
Multi-Family
111
Businesses
159
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