189 Forest TrlLeroyMI49655
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Leroy at 189 Forest Trl, Leroy, MI, 49655 at $150,000 posts ROI 20.44% with $22/mo cash flow from $1,126/mo rent. Total monthly income equals $1,126/mo, and annual cash flow records $264/yr on $49,725 to close. Return on cash invested measures 20.44% and rental yield reads 9.01% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 107.19% and total cumulative return in cash totals $53,298.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,126/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
N/A lot
$N/A/sqft
$115 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49655, Leroy, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,850 (100%) |
| Owner Occupied HU | 1,174 (63.5%) |
| Renter Occupied HU | 113 ( 6.1%) |
| Vacant Housing Units | 563 (30.4%) |
| Median Home Value | $182,941 |
| Average Home Value | $208,863 |
Housing Distribution
Address Breakdown
Residential
1,349
Single Family
1,349
Multi-Family
0
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices