108 S Monroe StBlissfieldMI49228
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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 Blissfield at 108 S Monroe St, Blissfield, MI, 49228 uses $62,952 cash to close to unlock $5,714/yr annual cash flow and $476/mo monthly cash flow. Total monthly income runs $1,728/mo, and a $929/mo payment keeps the spread at $476/mo. Purchase price stands at $189,900, and rental yield measures 10.92% with $1,728/mo rent. Return on cash invested shows 28.99% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 152.1% and total cumulative return in cash records $95,753. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,728/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1890
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49228, Blissfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,269 (100%) |
| Owner Occupied HU | 1,812 (79.9%) |
| Renter Occupied HU | 345 (15.2%) |
| Vacant Housing Units | 112 ( 4.9%) |
| Median Home Value | $214,419 |
| Average Home Value | $272,837 |
Housing Distribution
Address Breakdown
Residential
2,275
Single Family
2,224
Multi-Family
51
Businesses
188
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Listed by: Madyson Gee • Milestone Realty
Mls Name: MiRealSource
Mls ID: #50189220