109 Anderson StCroswellMI48422
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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 Croswell at 109 Anderson St, Croswell, MI, 48422 offers $731/mo rent that, after a $905/mo payment. Total monthly income is $731/mo. Return on cash invested measures 10.35% in year one, and rental yield stands at 4.74% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 52.15% and total cumulative return in cash reaches $31,983. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $731/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48422, Croswell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,769 (100%) |
| Owner Occupied HU | 2,044 (73.8%) |
| Renter Occupied HU | 484 (17.5%) |
| Vacant Housing Units | 241 ( 8.7%) |
| Median Home Value | $180,859 |
| Average Home Value | $216,363 |
Housing Distribution
Address Breakdown
Residential
2,589
Single Family
2,440
Multi-Family
149
Businesses
157
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