1361 Catholic Church RdLeslieMI49251
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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 Leslie at 1361 Catholic Church Rd, Leslie, MI, 49251 uses $61,328 cash to close to unlock $6,918/yr annual cash flow and $577/mo monthly cash flow. Total monthly income runs $1,796/mo, and a $905/mo payment keeps the spread at $577/mo. Purchase price stands at $185,000, and rental yield measures 11.65% with $1,796/mo rent. Return on cash invested shows 31.19% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 163.9% and total cumulative return in cash records $100,515. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,796/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1957
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49251, Leslie, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 2,147 (81.6%) |
| Renter Occupied HU | 342 (13.0%) |
| Vacant Housing Units | 141 ( 5.4%) |
| Median Home Value | $241,615 |
| Average Home Value | $265,642 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,274
Multi-Family
31
Businesses
117
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