155 W Morgan StSanduskyMI48471
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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 Sandusky at 155 W Morgan St, Sandusky, MI, 48471 priced at $204,900 pairs $1,562/mo rent with $211/mo cash flow after a $1,003/mo payment. Total monthly income equals $1,562/mo, and annual cash flow comes to $2,528/yr on $67,924 invested. Return on cash invested is 23.63% in year one, and rental yield stands at 9.15% on a $204,900 basis. Equity gained on principal adds $1,322/yr, and 5% annual appreciation accumulates to $56,610 by year five. Five-year ROI measures 123.35% and total cumulative return in cash reaches $83,782. For financing, Ziffy Mortgage’s DSCR program evaluates $1,562/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48471, Sandusky, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,636 (100%) |
| Owner Occupied HU | 1,719 (65.2%) |
| Renter Occupied HU | 702 (26.6%) |
| Vacant Housing Units | 215 ( 8.2%) |
| Median Home Value | $162,345 |
| Average Home Value | $217,945 |
Housing Distribution
Address Breakdown
Residential
2,459
Single Family
2,118
Multi-Family
341
Businesses
286
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