113 GreenleafOnstedMI49265
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 Onsted at 113 Greenleaf, Onsted, MI, 49265 priced at $174,900 converts $1,466/mo rent into $313/mo cash flow after a $856/mo obligation. Total monthly income equals $1,466/mo, and annual cash flow totals $3,752/yr on $57,979 invested. Return on cash invested prints 26.38% in year one, and rental yield reads 10.06% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. Five-year ROI reaches 138.07% and total cumulative return in cash sums $80,052. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,466/mo property income covering a $856/mo payment, not borrower’s personal income.
Single Family
Built in 1948
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49265, Onsted, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,361 (100%) |
| Owner Occupied HU | 1,829 (77.5%) |
| Renter Occupied HU | 187 ( 7.9%) |
| Vacant Housing Units | 345 (14.6%) |
| Median Home Value | $310,697 |
| Average Home Value | $390,898 |
Housing Distribution
Address Breakdown
Residential
2,214
Single Family
2,190
Multi-Family
24
Businesses
107
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