1115 Nature TrlManchesterMI48158
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
Rental property for sale in Manchester at 1115 Nature Trl, Manchester, MI, 48158 priced at $419,900 converts $3,232/mo rent into $74/mo cash flow after a $2,055/mo obligation. Total monthly income equals $3,232/mo, and annual cash flow totals $890/yr on $139,197 invested. Return on cash invested prints 20.55% in year one, and rental yield reads 9.24% against a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,011 by year five. Five-year ROI reaches 108.04% and total cumulative return in cash sums $150,384. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,232/mo property income covering a $2,055/mo payment, not borrower’s personal income.
Condo
Built in 2023
1,306 sqft lot
$N/A/sqft
$389 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48158, Manchester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,254 (100%) |
| Owner Occupied HU | 2,773 (85.2%) |
| Renter Occupied HU | 312 ( 9.6%) |
| Vacant Housing Units | 169 ( 5.2%) |
| Median Home Value | $363,695 |
| Average Home Value | $428,857 |
Housing Distribution
Address Breakdown
Residential
2,959
Single Family
2,934
Multi-Family
25
Businesses
172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Paterson • Howard Hanna Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25041618
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.