1435 N Boutell Rd SEEssexvilleMI48732
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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 Essexville at 1435 N Boutell Rd SE, Essexville, MI, 48732 uses $42,101 cash to close to unlock $1,825/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $990/mo, and a $622/mo payment keeps the spread at $152/mo. Purchase price stands at $127,000, and rental yield measures 9.35% with $990/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $35,088 over five years. Five-year ROI reaches 126.77% and total cumulative return in cash records $53,373. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $990/mo property income covering a $622/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48732, Essexville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,240 (100%) |
| Owner Occupied HU | 3,559 (67.9%) |
| Renter Occupied HU | 1,347 (25.7%) |
| Vacant Housing Units | 334 ( 6.4%) |
| Median Home Value | $172,752 |
| Average Home Value | $202,151 |
Housing Distribution
Address Breakdown
Residential
5,084
Single Family
3,837
Multi-Family
1,247
Businesses
214
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Listed by: Evan Osentoski • Osentoski Realty
Mls Name: RMLS Multi-List
Mls ID: #038-25-0102