131 Washington StSunfieldMI48890
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 Sunfield at 131 Washington St, Sunfield, MI, 48890 offers $990/mo rent that, after a $636/mo payment, leaves $133/mo cash flow. Total monthly income is $990/mo, and annual cash flow is $1,596/yr on $43,095 cash. Return on cash invested measures 23.61% in year one, and rental yield stands at 9.14% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 123.25% and total cumulative return in cash reaches $53,115. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $990/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48890, Sunfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 868 (100%) |
| Owner Occupied HU | 739 (85.1%) |
| Renter Occupied HU | 90 (10.4%) |
| Vacant Housing Units | 39 ( 4.5%) |
| Median Home Value | $283,427 |
| Average Home Value | $313,359 |
Housing Distribution
Address Breakdown
Residential
736
Single Family
712
Multi-Family
24
Businesses
48
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