1115 Delta AveGladstoneMI49837
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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 Gladstone at 1115 Delta Ave, Gladstone, MI, 49837 earns $106/mo cash flow from $785/mo rent with a $504/mo payment. Total monthly income totals $785/mo, and annual cash flow totals $1,271/yr on $34,145 capital. ROI tracks 23.63% on current figures, and rental yield reads 9.15% at a $103,000 purchase. Equity gained on principal adds $665/yr, and 5% annual appreciation supports $28,457 over five years. Five-year ROI reaches 123.32% and total cumulative return in cash sums $42,106. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $785/mo property income instead of your personal income.
Single Family
Built in 1900
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49837, Gladstone, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,822 (100%) |
| Owner Occupied HU | 3,706 (76.9%) |
| Renter Occupied HU | 639 (13.3%) |
| Vacant Housing Units | 477 ( 9.9%) |
| Median Home Value | $169,411 |
| Average Home Value | $194,656 |
Housing Distribution
Address Breakdown
Residential
4,576
Single Family
4,414
Multi-Family
162
Businesses
267
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