17034 3rd StArcadiaMI49613
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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 Arcadia at 17034 3rd St, Arcadia, MI, 49613 uses $59,670 cash to close to unlock $2,568/yr annual cash flow and $214/mo monthly cash flow. Total monthly income runs $1,401/mo, and a $881/mo payment keeps the spread at $214/mo. Purchase price stands at $180,000, and rental yield measures 9.34% with $1,401/mo rent. Return on cash invested shows 24.21% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 126.44% and total cumulative return in cash records $75,449. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,401/mo property income covering a $881/mo payment rather than investor’s personal income.
Manufactured
Built in 1972
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49613, Arcadia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 805 (100%) |
| Owner Occupied HU | 350 (43.5%) |
| Renter Occupied HU | 28 ( 3.5%) |
| Vacant Housing Units | 427 (53.0%) |
| Median Home Value | $272,321 |
| Average Home Value | $360,771 |
Housing Distribution
Address Breakdown
Residential
319
Single Family
319
Multi-Family
0
Businesses
23
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