111 N Cole StPerrintonMI48871
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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 Perrinton at 111 N Cole St, Perrinton, MI, 48871 offers a 8.98% rental yield on a $185,000 purchase with $1,385/mo rent. Total monthly income registers $1,385/mo, and a $905/mo payment leaves $166/mo available for distribution. Annual cash flow reaches $1,986/yr on $61,328 to close, and return on cash invested stands at 23.15% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 120.77% and total cumulative return in cash at $74,067. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,385/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.40 Acres lot
$N/A/sqft
No HOA
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Listed by: Jake Kissling • Patti Warnke Real Estate Group
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1933206
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.