1700 Monticello St APT 2TrentonMI48183
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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
Investment property for sale in Trenton at 1700 Monticello St APT 2, Trenton, MI, 48183 uses $46,079 cash to close to unlock $5,468/yr annual cash flow and $456/mo monthly cash flow. Total monthly income runs $1,685/mo, and a $680/mo payment keeps the spread at $456/mo. Purchase price stands at $139,000, and rental yield measures 14.55% with $1,685/mo rent. Return on cash invested shows 31.78% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 170% and total cumulative return in cash records $78,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,685/mo property income covering a $680/mo payment rather than investor’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$313 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48183, Trenton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,677 (100%) |
| Owner Occupied HU | 13,910 (74.5%) |
| Renter Occupied HU | 4,172 (22.3%) |
| Vacant Housing Units | 595 ( 3.2%) |
| Median Home Value | $228,663 |
| Average Home Value | $252,497 |
Housing Distribution
Address Breakdown
Residential
18,671
Single Family
15,983
Multi-Family
2,688
Businesses
1,012
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Listed by: Nicole Porter • River Oaks Realty
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251051345
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