196 E Michigan Ave, Three Rivers, MI, 49093 | $2,422/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Three Rivers at 196 E Michigan Ave, Three Rivers, MI, 49093 at $293,000 posts ROI 49.83% with $2,422/mo cash flow from $4,354/mo rent. Total monthly income equals $4,354/mo, and annual cash flow records $29,063/yr on $97,130 to close. Return on cash invested measures 49.83% and rental yield reads 17.83% at the current $293,000. Equity gained on principal adds $1,891/yr, and 5% annual appreciation supports $80,951 by year five. Five-year ROI prints 263.81% and total cumulative return in cash totals $256,234.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,354/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1902

0.25 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49093, Three Rivers, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,443 (100%)
Owner Occupied HU	5,489 (65.0%)
Renter Occupied HU	1,816 (21.5%)
Vacant Housing Units	1,138 (13.5%)
Median Home Value	$186,504
Average Home Value	$233,407