1888 Chesler StCominsMI48619
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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 Comins at 1888 Chesler St, Comins, MI, 48619 generates $1,832/mo in rent and, after a $1,346/mo payment, leaves $19/mo in cash flow. Total monthly income is $1,832/mo, and annual cash flow is $222/yr on $91,163 invested. Return on cash invested sits at 20.15% in year one, and rental yield is 7.99% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 104.69% and total cumulative return in cash sums $95,435. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,832/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48619, Comins, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 220 (44.1%) |
| Renter Occupied HU | 30 ( 6.0%) |
| Vacant Housing Units | 249 (49.9%) |
| Median Home Value | $240,000 |
| Average Home Value | $261,761 |
Housing Distribution
Address Breakdown
Residential
187
Single Family
186
Multi-Family
1
Businesses
18
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