15628 SouthVandaliaMI49095
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 Vandalia at 15628 South, Vandalia, MI, 49095 uses $157,463 cash to close to unlock $22,530/yr annual cash flow and $1,878/mo monthly cash flow. Total monthly income runs $5,010/mo, and a $2,325/mo payment keeps the spread at $1,878/mo. Purchase price stands at $475,000, and rental yield measures 12.66% with $5,010/mo rent. Return on cash invested shows 34.22% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 180.11% and total cumulative return in cash records $283,603. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,010/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 1991
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49095, Vandalia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 855 (56.1%) |
| Renter Occupied HU | 174 (11.4%) |
| Vacant Housing Units | 496 (32.5%) |
| Median Home Value | $275,586 |
| Average Home Value | $359,711 |
Housing Distribution
Address Breakdown
Residential
760
Single Family
760
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
