108 E South StVicksburgMI49097
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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 Vicksburg at 108 E South St, Vicksburg, MI, 49097 priced at $184,800 pairs $3,223/mo rent with $2,004/mo cash flow after a $905/mo payment. Total monthly income equals $3,223/mo, and annual cash flow comes to $24,046/yr on $61,261 invested. Return on cash invested is 59.16% in year one, and rental yield stands at 20.93% on a $184,800 basis. Equity gained on principal adds $1,192/yr, and 5% annual appreciation accumulates to $51,057 by year five. Five-year ROI measures 313.86% and total cumulative return in cash reaches $192,276. For financing, Ziffy Mortgage’s DSCR program evaluates $3,223/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49097, Vicksburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,972 (100%) |
| Owner Occupied HU | 4,080 (82.1%) |
| Renter Occupied HU | 609 (12.2%) |
| Vacant Housing Units | 283 ( 5.7%) |
| Median Home Value | $304,244 |
| Average Home Value | $342,436 |
Housing Distribution
Address Breakdown
Residential
4,723
Single Family
4,568
Multi-Family
155
Businesses
243
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