1800 9th StBay CityMI48708
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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 Bay City at 1800 9th St, Bay City, MI, 48708 uses $58,676 cash to close to unlock $7,719/yr annual cash flow and $643/mo monthly cash flow. Total monthly income runs $1,811/mo, and a $866/mo payment keeps the spread at $643/mo. Purchase price stands at $177,000, and rental yield measures 12.28% with $1,811/mo rent. Return on cash invested shows 33.06% in year one, and 5% annual appreciation builds toward $48,902 over five years. Five-year ROI reaches 173.98% and total cumulative return in cash records $102,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,811/mo property income covering a $866/mo payment rather than investor’s personal income.
Multi Family
Built in 1904
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48708, Bay City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,810 (100%) |
| Owner Occupied HU | 8,107 (63.3%) |
| Renter Occupied HU | 3,541 (27.6%) |
| Vacant Housing Units | 1,162 ( 9.1%) |
| Median Home Value | $113,877 |
| Average Home Value | $149,537 |
Housing Distribution
Address Breakdown
Residential
11,868
Single Family
10,701
Multi-Family
1,167
Businesses
829
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