118 Elizabeth Way #4PottervilleMI48876
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 Potterville at 118 Elizabeth Way #4, Potterville, MI, 48876 earns $96/mo cash flow from $1,908/mo rent with a $1,346/mo payment. Total monthly income totals $1,908/mo, and annual cash flow totals $1,148/yr on $91,129 capital. ROI tracks 21.17% on current figures, and rental yield reads 8.33% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 110.13% and total cumulative return in cash sums $100,359. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,908/mo property income instead of your personal income.
Single Family
Built in 2000
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48876, Potterville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,782 (100%) |
| Owner Occupied HU | 1,355 (76.0%) |
| Renter Occupied HU | 371 (20.8%) |
| Vacant Housing Units | 56 ( 3.1%) |
| Median Home Value | $221,824 |
| Average Home Value | $240,738 |
Housing Distribution
Address Breakdown
Residential
1,650
Single Family
1,563
Multi-Family
87
Businesses
77
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Listed by: Angela Averill • Century 21 Affiliated
Mls Name: Greater Lansing AOR
Mls ID: #292587