122 Gaige StCroswellMI48422
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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 Croswell at 122 Gaige St, Croswell, MI, 48422 earns $296/mo cash flow from $1,285/mo rent with a $734/mo payment. Total monthly income totals $1,285/mo, and annual cash flow totals $3,552/yr on $49,725 capital. ROI tracks 27.05% on current figures, and rental yield reads 10.28% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 141.7% and total cumulative return in cash sums $70,458. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,285/mo property income instead of your personal income.
Single Family
Built in 1949
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48422, Croswell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,769 (100%) |
| Owner Occupied HU | 2,044 (73.8%) |
| Renter Occupied HU | 484 (17.5%) |
| Vacant Housing Units | 241 ( 8.7%) |
| Median Home Value | $180,859 |
| Average Home Value | $216,363 |
Housing Distribution
Address Breakdown
Residential
2,589
Single Family
2,440
Multi-Family
149
Businesses
157
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