109 E Blair StHastingsMI49058
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hastings at 109 E Blair St, Hastings, MI, 49058 at $185,000 posts ROI 30.76% with $555/mo cash flow from $1,774/mo rent. Total monthly income equals $1,774/mo, and annual cash flow records $6,654/yr on $61,328 to close. Return on cash invested measures 30.76% and rental yield reads 11.51% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 161.59% and total cumulative return in cash totals $99,099.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,774/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1873
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49058, Hastings, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,678 (100%) |
| Owner Occupied HU | 6,576 (75.8%) |
| Renter Occupied HU | 1,533 (17.7%) |
| Vacant Housing Units | 569 ( 6.6%) |
| Median Home Value | $241,902 |
| Average Home Value | $285,255 |
Housing Distribution
Address Breakdown
Residential
8,048
Single Family
7,837
Multi-Family
211
Businesses
564
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
