12200 S 31st StVicksburgMI49097
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
Investment property for sale in Vicksburg at 12200 S 31st St, Vicksburg, MI, 49097 listed at $532,000 pairs $2,034/mo rent with a $2,604/mo payment. Total monthly income runs $2,034/mo. Return on cash invested measures 9.95% in year one, and rental yield registers 4.59% at a $532,000 basis. Equity gained on principal adds $3,433/yr, and annual property appreciation at 5% supports $146,982 by year five. Five-year ROI tracks 49.95% and total cumulative return in cash totals $87,430. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,034/mo property income relative to a $2,604/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
12.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49097, Vicksburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,972 (100%) |
| Owner Occupied HU | 4,080 (82.1%) |
| Renter Occupied HU | 609 (12.2%) |
| Vacant Housing Units | 283 ( 5.7%) |
| Median Home Value | $304,244 |
| Average Home Value | $342,436 |
Housing Distribution
Address Breakdown
Residential
4,723
Single Family
4,568
Multi-Family
155
Businesses
243
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices