108 Centennial StLitchfieldMI49252
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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 Litchfield at 108 Centennial St, Litchfield, MI, 49252 offers a 17.41% rental yield on a $119,900 purchase with $1,740/mo rent. Total monthly income registers $1,740/mo, and a $587/mo payment leaves $949/mo available for distribution. Annual cash flow reaches $11,390/yr on $39,747 to close, and return on cash invested stands at 48.57% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 257.17% and total cumulative return in cash at $102,216. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,740/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49252, Litchfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 847 (72.8%) |
| Renter Occupied HU | 257 (22.1%) |
| Vacant Housing Units | 59 ( 5.1%) |
| Median Home Value | $150,107 |
| Average Home Value | $184,383 |
Housing Distribution
Address Breakdown
Residential
1,040
Single Family
1,016
Multi-Family
24
Businesses
79
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Listed by: Risa Mains • Playford Real Estate
Mls Name: MichRIC
Mls ID: #25045707