113 Ann Arbor StManchesterMI48158
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
Investment property for sale in Manchester at 113 Ann Arbor St, Manchester, MI, 48158 at $319,900 posts ROI 21.17% with $111/mo cash flow from $2,221/mo rent. Total monthly income equals $2,221/mo, and annual cash flow records $1,334/yr on $106,047 to close. Return on cash invested measures 21.17% and rental yield reads 8.33% at the current $319,900. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 by year five. Five-year ROI prints 110.15% and total cumulative return in cash totals $116,816.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,221/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1870
0.44 Acres lot
$N/A/sqft
No 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
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Nearby investment properties with comparable prices
Listed by: Jaimie Schmidt • Red Barn Realty LLC
Mls Name: MichRIC
Mls ID: #25054854