124 S Ottawa StTecumsehMI49286
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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 Tecumseh at 124 S Ottawa St, Tecumseh, MI, 49286 with 5% annual appreciation on a $170,086 basis while $1,050/mo rent supports operations. 34% in year one. Equity gained on principal adds $1,098/yr, and five-year appreciation sums $46,992 alongside rental yield of 7.41%. Five-year ROI measures 55.04% and total cumulative return in cash totals $31,032. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,050/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49286, Tecumseh, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,681 (100%) |
| Owner Occupied HU | 5,228 (78.3%) |
| Renter Occupied HU | 1,085 (16.2%) |
| Vacant Housing Units | 368 ( 5.5%) |
| Median Home Value | $242,452 |
| Average Home Value | $272,261 |
Housing Distribution
Address Breakdown
Residential
6,441
Single Family
6,049
Multi-Family
392
Businesses
453
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