123 N New StStantonMI48888
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 Stanton at 123 N New St, Stanton, MI, 48888 priced at $135,000 pairs $1,073/mo rent with $183/mo cash flow after a $661/mo payment. Total monthly income equals $1,073/mo, and annual cash flow comes to $2,190/yr on $44,753 invested. Return on cash invested is 24.8% in year one, and rental yield stands at 9.54% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 129.67% and total cumulative return in cash reaches $58,033. For financing, Ziffy Mortgage’s DSCR program evaluates $1,073/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48888, Stanton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,241 (100%) |
| Owner Occupied HU | 2,224 (68.6%) |
| Renter Occupied HU | 459 (14.2%) |
| Vacant Housing Units | 558 (17.2%) |
| Median Home Value | $231,772 |
| Average Home Value | $235,794 |
Housing Distribution
Address Breakdown
Residential
2,636
Single Family
2,582
Multi-Family
54
Businesses
169
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