112 N Cleveland AveGalienMI49113
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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 Galien at 112 N Cleveland Ave, Galien, MI, 49113 uses $36,134 cash to close to unlock $1,256/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $824/mo, and a $534/mo payment keeps the spread at $105/mo. Purchase price stands at $109,000, and rental yield measures 9.07% with $824/mo rent. Return on cash invested shows 23.39% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 122.11% and total cumulative return in cash records $44,122. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $824/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49113, Galien, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 974 (100%) |
| Owner Occupied HU | 727 (74.6%) |
| Renter Occupied HU | 92 ( 9.4%) |
| Vacant Housing Units | 155 (15.9%) |
| Median Home Value | $220,652 |
| Average Home Value | $308,559 |
Housing Distribution
Address Breakdown
Residential
697
Single Family
697
Multi-Family
0
Businesses
27
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