1219 N Main StRochesterMI48307
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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 Rochester at 1219 N Main St, Rochester, MI, 48307 generates $4,568/mo in rent, after a $6,043/mo payment. Total monthly income is $4,568/mo. Return on cash invested sits at 9.65% in year one, and rental yield is 4.44% on a $1,234,600 entry. Equity gained on principal adds $7,967/yr, while 5% annual appreciation builds toward $341,097 over five years. Five-year ROI reaches 48.28% and total cumulative return in cash sums $193,106. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,568/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48307, Rochester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,309 (100%) |
| Owner Occupied HU | 12,822 (63.1%) |
| Renter Occupied HU | 6,392 (31.5%) |
| Vacant Housing Units | 1,095 ( 5.4%) |
| Median Home Value | $391,661 |
| Average Home Value | $417,682 |
Housing Distribution
Address Breakdown
Residential
19,347
Single Family
16,548
Multi-Family
2,799
Businesses
1,720
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