112 N High StLeslieMI49251
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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
Rental property for sale in Leslie at 112 N High St, Leslie, MI, 49251 generates $1,063/mo in rent and, after a $627/mo payment, leaves $219/mo in cash flow. Total monthly income is $1,063/mo, and annual cash flow is $2,633/yr on $42,432 invested. Return on cash invested sits at 26.11% in year one, and rental yield is 9.97% on a $128,000 entry. Equity gained on principal adds $826/yr, while 5% annual appreciation builds toward $35,364 over five years. Five-year ROI reaches 136.73% and total cumulative return in cash sums $58,019. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,063/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49251, Leslie, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 2,147 (81.6%) |
| Renter Occupied HU | 342 (13.0%) |
| Vacant Housing Units | 141 ( 5.4%) |
| Median Home Value | $241,615 |
| Average Home Value | $265,642 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,274
Multi-Family
31
Businesses
117
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