1780 39th StAlleganMI49010
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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 Allegan at 1780 39th St, Allegan, MI, 49010 earns $526/mo cash flow from $2,834/mo rent with a $1,713/mo payment. Total monthly income totals $2,834/mo, and annual cash flow totals $6,314/yr on $115,992 capital. ROI tracks 25.35% on current figures, and rental yield reads 9.72% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 132.59% and total cumulative return in cash sums $153,798. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,834/mo property income instead of your personal income.
Single Family
Built in 1985
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49010, Allegan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,995 (100%) |
| Owner Occupied HU | 5,834 (73.0%) |
| Renter Occupied HU | 1,343 (16.8%) |
| Vacant Housing Units | 818 (10.2%) |
| Median Home Value | $253,605 |
| Average Home Value | $286,559 |
Housing Distribution
Address Breakdown
Residential
7,618
Single Family
7,132
Multi-Family
486
Businesses
470
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