1506 Vine StManisteeMI49660
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 Manistee at 1506 Vine St, Manistee, MI, 49660 at $179,000 posts ROI 31.25% with $561/mo cash flow from $1,741/mo rent. Total monthly income equals $1,741/mo, and annual cash flow records $6,728/yr on $59,339 to close. Return on cash invested measures 31.25% and rental yield reads 11.67% at the current $179,000. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 by year five. Five-year ROI prints 164.19% and total cumulative return in cash totals $97,431.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,741/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49660, Manistee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,992 (100%) |
| Owner Occupied HU | 4,804 (60.1%) |
| Renter Occupied HU | 1,471 (18.4%) |
| Vacant Housing Units | 1,717 (21.5%) |
| Median Home Value | $207,280 |
| Average Home Value | $266,764 |
Housing Distribution
Address Breakdown
Residential
6,703
Single Family
6,423
Multi-Family
280
Businesses
547
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
