136 N Chestnut StOwossoMI48867
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
Investment property for sale in Owosso at 136 N Chestnut St, Owosso, MI, 48867 earns $712/mo cash flow from $1,902/mo rent with a $883/mo payment. Total monthly income totals $1,902/mo, and annual cash flow totals $8,546/yr on $59,836 capital. ROI tracks 34.19% on current figures, and rental yield reads 12.64% at a $180,500 purchase. Equity gained on principal adds $1,165/yr, and 5% annual appreciation supports $49,869 over five years. Five-year ROI reaches 180.04% and total cumulative return in cash sums $107,730. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,902/mo property income instead of your personal income.
Single Family
Built in 1960
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48867, Owosso, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,293 (100%) |
| Owner Occupied HU | 8,382 (68.2%) |
| Renter Occupied HU | 3,189 (25.9%) |
| Vacant Housing Units | 722 ( 5.9%) |
| Median Home Value | $165,494 |
| Average Home Value | $198,462 |
Housing Distribution
Address Breakdown
Residential
11,929
Single Family
10,663
Multi-Family
1,266
Businesses
931
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Listed by: Christina Kay Tamburino • Impact Real Estate
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #288230
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS