114 ChippewaPort SanilacMI48469
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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 Port Sanilac at 114 Chippewa, Port Sanilac, MI, 48469 uses $52,344 cash to close to unlock $3,547/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $1,337/mo, and a $773/mo payment keeps the spread at $296/mo. Purchase price stands at $157,900, and rental yield measures 10.16% with $1,337/mo rent. Return on cash invested shows 26.69% in year one, and 5% annual appreciation builds toward $43,625 over five years. Five-year ROI reaches 139.73% and total cumulative return in cash records $73,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,337/mo property income covering a $773/mo payment rather than investor’s personal income.
Single Family
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48469, Port Sanilac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,063 (100%) |
| Owner Occupied HU | 561 (52.8%) |
| Renter Occupied HU | 99 ( 9.3%) |
| Vacant Housing Units | 403 (37.9%) |
| Median Home Value | $259,940 |
| Average Home Value | $336,689 |
Housing Distribution
Address Breakdown
Residential
657
Single Family
633
Multi-Family
24
Businesses
70
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Listed by: Laura A. Bartolomucci • Archie Thomas Real Estate
Mls Name: RMLS Multi-List
Mls ID: #018-25-0009