119 Main StBlanchardMI49310
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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
Rental property for sale in Blanchard at 119 Main St, Blanchard, MI, 49310 generates $1,012/mo in rent, after a $881/mo payment. Total monthly income is $1,012/mo. Return on cash invested sits at 16.39% in year one, and rental yield is 6.75% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 84.57% and total cumulative return in cash sums $50,433. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,012/mo property income rather than buyer’s personal income.
Multi Family
Built in 2003
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49310, Blanchard, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 1,009 (81.8%) |
| Renter Occupied HU | 112 ( 9.1%) |
| Vacant Housing Units | 113 ( 9.2%) |
| Median Home Value | $195,192 |
| Average Home Value | $230,580 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
48
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