131 N Church StClimaxMI49034
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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 Climax at 131 N Church St, Climax, MI, 49034 earns $662/mo cash flow from $2,113/mo rent with a $1,077/mo payment. Total monthly income totals $2,113/mo, and annual cash flow totals $7,944/yr on $72,930 capital. ROI tracks 30.8% on current figures, and rental yield reads 11.53% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 161.78% and total cumulative return in cash sums $117,983. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,113/mo property income instead of your personal income.
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49034, Climax, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 951 (100%) |
| Owner Occupied HU | 849 (89.3%) |
| Renter Occupied HU | 79 ( 8.3%) |
| Vacant Housing Units | 23 ( 2.4%) |
| Median Home Value | $298,476 |
| Average Home Value | $360,127 |
Housing Distribution
Address Breakdown
Residential
835
Single Family
811
Multi-Family
24
Businesses
28
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