1109 W Saint Andrews RdMidlandMI48640
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 Midland at 1109 W Saint Andrews Rd, Midland, MI, 48640 with 5% annual appreciation on a $1,250,000 basis while $7,638/mo rent supports operations. 58% in year one. Equity gained on principal adds $8,066/yr, and five-year appreciation sums $345,352 alongside rental yield of 7.33%. Five-year ROI measures 96.14% and total cumulative return in cash totals $389,365. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,638/mo property income versus a $6,118/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48640, Midland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,874 (100%) |
| Owner Occupied HU | 10,179 (73.4%) |
| Renter Occupied HU | 2,982 (21.5%) |
| Vacant Housing Units | 713 ( 5.1%) |
| Median Home Value | $218,735 |
| Average Home Value | $255,286 |
Housing Distribution
Address Breakdown
Residential
13,764
Single Family
13,044
Multi-Family
720
Businesses
1,076
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Pnacek • MID-LAND REALTORS
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50147013
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.