165 E State StMontroseMI48457
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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 Montrose at 165 E State St, Montrose, MI, 48457 priced at $112,900 converts $1,034/mo rent into $289/mo cash flow after a $553/mo obligation. Total monthly income equals $1,034/mo, and annual cash flow totals $3,469/yr on $37,426 invested. Return on cash invested prints 29.18% in year one, and rental yield reads 10.99% against a $112,900 entry. Equity gained on principal adds $729/yr, while 5% annual appreciation compiles into $31,192 by year five. Five-year ROI reaches 153.22% and total cumulative return in cash sums $57,346. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,034/mo property income covering a $553/mo payment, not borrower’s personal income.
Single Family
Built in 1951
7,405 sqft 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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