136 N Dean StCentrevilleMI49032
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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
Rental property for sale in Centreville at 136 N Dean St, Centreville, MI, 49032 priced at $167,500 converts $0/mo rent into after a $820/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.97% in year one, and rental yield reads 0% against a $167,500 entry. Equity gained on principal adds $1,081/yr, while 5% annual appreciation compiles into $46,277 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $820/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49032, Centreville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 846 (75.8%) |
| Renter Occupied HU | 191 (17.1%) |
| Vacant Housing Units | 79 ( 7.1%) |
| Median Home Value | $215,546 |
| Average Home Value | $239,232 |
Housing Distribution
Address Breakdown
Residential
948
Single Family
896
Multi-Family
52
Businesses
124
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: John R Pappas • Live Local Properties
Mls Name: MichRIC
Mls Provider:
Mls ID: #24050503
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.