120 W South StWalkervilleMI49459
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 Walkerville at 120 W South St, Walkerville, MI, 49459 priced at $125,000 pairs $1,001/mo rent with $177/mo cash flow after a $612/mo payment. Total monthly income equals $1,001/mo, and annual cash flow comes to $2,118/yr on $41,438 invested. Return on cash invested is 25.02% in year one, and rental yield stands at 9.61% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 130.85% and total cumulative return in cash reaches $54,221. For financing, Ziffy Mortgage’s DSCR program evaluates $1,001/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49459, Walkerville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 459 (51.1%) |
| Renter Occupied HU | 83 ( 9.2%) |
| Vacant Housing Units | 357 (39.7%) |
| Median Home Value | $173,264 |
| Average Home Value | $208,083 |
Housing Distribution
Address Breakdown
Residential
589
Single Family
589
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Horton • Wickstra Realty, Inc.
Mls Name: MichRIC
Mls Provider:
Mls ID: #24062905
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.