122 S Michigan StMontgomeryMI49255
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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 Montgomery at 122 S Michigan St, Montgomery, MI, 49255 uses $51,349 cash to close to unlock $6,200/yr annual cash flow and $517/mo monthly cash flow. Total monthly income runs $1,538/mo, and a $758/mo payment keeps the spread at $517/mo. Purchase price stands at $154,900, and rental yield measures 11.91% with $1,538/mo rent. Return on cash invested shows 31.98% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 168.16% and total cumulative return in cash records $86,348. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,538/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1910
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49255, Montgomery, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 808 (100%) |
| Owner Occupied HU | 544 (67.3%) |
| Renter Occupied HU | 103 (12.7%) |
| Vacant Housing Units | 161 (19.9%) |
| Median Home Value | $197,297 |
| Average Home Value | $275,524 |
Housing Distribution
Address Breakdown
Residential
662
Single Family
662
Multi-Family
0
Businesses
8
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Listed by: John Blashfield • Heritage Realty, Inc.
Mls Name: MichRIC
Mls Provider:
Mls ID: #25006902
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.