151 Helen StMontroseMI48457
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
Rental property for sale in Montrose at 151 Helen St, Montrose, MI, 48457 priced at $193,900 pairs $2,981/mo rent with $1,702/mo cash flow after a $949/mo payment. Total monthly income equals $2,981/mo, and annual cash flow comes to $20,428/yr on $64,278 invested. Return on cash invested is 51.69% in year one, and rental yield stands at 18.45% on a $193,900 basis. Equity gained on principal adds $1,251/yr, and 5% annual appreciation accumulates to $53,571 by year five. Five-year ROI measures 273.84% and total cumulative return in cash reaches $176,017. For financing, Ziffy Mortgage’s DSCR program evaluates $2,981/mo property income against a $949/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48457, Montrose, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,389 (100%) |
| Owner Occupied HU | 2,729 (80.5%) |
| Renter Occupied HU | 509 (15.0%) |
| Vacant Housing Units | 151 ( 4.5%) |
| Median Home Value | $210,069 |
| Average Home Value | $243,153 |
Housing Distribution
Address Breakdown
Residential
3,081
Single Family
2,843
Multi-Family
238
Businesses
116
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Listed by: Darold Cummins • Prime Real Estate Group
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50151641
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