1884 West StReeseMI48757
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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 Reese at 1884 West St, Reese, MI, 48757 earns $286/mo cash flow from $1,697/mo rent with a $1,047/mo payment. Total monthly income totals $1,697/mo, and annual cash flow totals $3,434/yr on $70,941 capital. ROI tracks 24.75% on current figures, and rental yield reads 9.52% at a $213,999 purchase. Equity gained on principal adds $1,381/yr, and 5% annual appreciation supports $59,124 over five years. Five-year ROI reaches 129.37% and total cumulative return in cash sums $91,775. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,697/mo property income instead of your personal income.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48757, Reese, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,548 (100%) |
| Owner Occupied HU | 1,254 (81.0%) |
| Renter Occupied HU | 193 (12.5%) |
| Vacant Housing Units | 101 ( 6.5%) |
| Median Home Value | $197,955 |
| Average Home Value | $233,981 |
Housing Distribution
Address Breakdown
Residential
1,453
Single Family
1,453
Multi-Family
0
Businesses
108
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