19586 Chassell Painesdale RdChassellMI49916
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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 Chassell at 19586 Chassell Painesdale Rd, Chassell, MI, 49916 generates $2,147/mo in rent, after a $1,713/mo payment. Total monthly income is $2,147/mo. Return on cash invested sits at 18.24% in year one, and rental yield is 7.36% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 94.43% and total cumulative return in cash sums $109,562. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,147/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49916, Chassell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,667 (100%) |
| Owner Occupied HU | 1,072 (64.3%) |
| Renter Occupied HU | 179 (10.7%) |
| Vacant Housing Units | 416 (25.0%) |
| Median Home Value | $244,922 |
| Average Home Value | $274,466 |
Housing Distribution
Address Breakdown
Residential
1,004
Single Family
974
Multi-Family
30
Businesses
51
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