1588 Saint Andrews CtTemperanceMI48182
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 Temperance at 1588 Saint Andrews Ct, Temperance, MI, 48182 at $269,900 posts ROI 29.03% with $680/mo cash flow from $2,705/mo rent. Total monthly income equals $2,705/mo, and annual cash flow records $8,162/yr on $89,472 to close. Return on cash invested measures 29.03% and rental yield reads 12.03% at the current $269,900. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 by year five. Five-year ROI prints 153.53% and total cumulative return in cash totals $137,370.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,705/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1998
N/A lot
$N/A/sqft
$245 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48182, Temperance, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,855 (100%) |
| Owner Occupied HU | 8,042 (81.6%) |
| Renter Occupied HU | 1,499 (15.2%) |
| Vacant Housing Units | 314 ( 3.2%) |
| Median Home Value | $269,058 |
| Average Home Value | $288,379 |
Housing Distribution
Address Breakdown
Residential
9,133
Single Family
8,790
Multi-Family
343
Businesses
368
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Listed by: Doug Vandergrift • Vandergrift Company - Lambertville
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50162417
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