183 W Dubois AveBaldwinMI49304
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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 Baldwin at 183 W Dubois Ave, Baldwin, MI, 49304 priced at $105,000 converts $808/mo rent into $116/mo cash flow after a $514/mo obligation. Total monthly income equals $808/mo, and annual cash flow totals $1,386/yr on $34,808 invested. Return on cash invested prints 23.89% in year one, and rental yield reads 9.23% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 124.81% and total cumulative return in cash sums $43,442. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $808/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49304, Baldwin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,819 (100%) |
| Owner Occupied HU | 1,488 (25.6%) |
| Renter Occupied HU | 467 ( 8.0%) |
| Vacant Housing Units | 3,864 (66.4%) |
| Median Home Value | $141,453 |
| Average Home Value | $196,193 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,003
Multi-Family
186
Businesses
159
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