1301 7th StThree RiversMI49093
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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 Three Rivers at 1301 7th St, Three Rivers, MI, 49093 uses $54,698 cash to close to unlock $8,778/yr annual cash flow and $732/mo monthly cash flow. Total monthly income runs $1,820/mo, and a $808/mo payment keeps the spread at $732/mo. Purchase price stands at $165,000, and rental yield measures 13.24% with $1,820/mo rent. Return on cash invested shows 35.96% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 189.48% and total cumulative return in cash records $103,643. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,820/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49093, Three Rivers, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,443 (100%) |
| Owner Occupied HU | 5,489 (65.0%) |
| Renter Occupied HU | 1,816 (21.5%) |
| Vacant Housing Units | 1,138 (13.5%) |
| Median Home Value | $186,504 |
| Average Home Value | $233,407 |
Housing Distribution
Address Breakdown
Residential
8,248
Single Family
7,525
Multi-Family
723
Businesses
613
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Listed by: Heather A Martell • Martell Realty Inc.
Mls Name: MichRIC
Mls Provider:
Mls ID: #25027729
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.