114 S Railroad StAllenMI49227
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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 Allen at 114 S Railroad St, Allen, MI, 49227 earns $998/mo cash flow from $2,278/mo rent with a $950/mo payment. Total monthly income totals $2,278/mo, and annual cash flow totals $11,978/yr on $64,311 capital. ROI tracks 38.53% on current figures, and rental yield reads 14.09% at a $194,000 purchase. Equity gained on principal adds $1,252/yr, and 5% annual appreciation supports $53,599 over five years. Five-year ROI reaches 203.32% and total cumulative return in cash sums $130,760. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,278/mo property income instead of your personal income.
Single Family
Built in 1940
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49227, Allen, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 585 (100%) |
| Owner Occupied HU | 442 (75.6%) |
| Renter Occupied HU | 90 (15.4%) |
| Vacant Housing Units | 53 ( 9.1%) |
| Median Home Value | $189,063 |
| Average Home Value | $233,643 |
Housing Distribution
Address Breakdown
Residential
490
Single Family
490
Multi-Family
0
Businesses
19
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