106 E 5th StHerseyMI49639
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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 Hersey at 106 E 5th St, Hersey, MI, 49639 earns $670/mo cash flow from $1,968/mo rent with a $963/mo payment. Total monthly income totals $1,968/mo, and annual cash flow totals $8,045/yr on $65,239 capital. ROI tracks 32.24% on current figures, and rental yield reads 12% at a $196,800 purchase. Equity gained on principal adds $1,270/yr, and 5% annual appreciation supports $54,372 over five years. Five-year ROI reaches 169.53% and total cumulative return in cash sums $110,603. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,968/mo property income instead of your personal income.
Single Family
Built in 1858
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49639, Hersey, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,551 (100%) |
| Owner Occupied HU | 993 (64.0%) |
| Renter Occupied HU | 166 (10.7%) |
| Vacant Housing Units | 392 (25.3%) |
| Median Home Value | $165,032 |
| Average Home Value | $201,694 |
Housing Distribution
Address Breakdown
Residential
1,108
Single Family
1,108
Multi-Family
0
Businesses
31
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