1859 S Fenlon StCedarvilleMI49719
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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 Cedarville at 1859 S Fenlon St, Cedarville, MI, 49719 offers a 2.67% rental yield on a $779,000 purchase with $1,733/mo rent. 12% in year one. Equity gained on principal adds $5,027/yr while 5% annual appreciation supports $215,223 over five years. Portfolio math shows five-year ROI at 18.68% and total cumulative return in cash at $47,870. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,733/mo property income against a $3,813/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49719, Cedarville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,730 (100%) |
| Owner Occupied HU | 573 (33.1%) |
| Renter Occupied HU | 73 ( 4.2%) |
| Vacant Housing Units | 1,084 (62.7%) |
| Median Home Value | $313,983 |
| Average Home Value | $367,229 |
Housing Distribution
Address Breakdown
Residential
615
Single Family
615
Multi-Family
0
Businesses
94
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Listed by: Sarah E Barr • Real Estate One Northern Properties
Mls Name: EUPBR
Mls ID: #25-926