198 Buchanan StHudsonMI49247
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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 Hudson at 198 Buchanan St, Hudson, MI, 49247 priced at $179,900 converts $1,726/mo rent into $539/mo cash flow after a $881/mo obligation. Total monthly income equals $1,726/mo, and annual cash flow totals $6,470/yr on $59,637 invested. Return on cash invested prints 30.76% in year one, and rental yield reads 11.51% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 161.63% and total cumulative return in cash sums $96,393. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,726/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1950
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49247, Hudson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,661 (100%) |
| Owner Occupied HU | 1,887 (70.9%) |
| Renter Occupied HU | 417 (15.7%) |
| Vacant Housing Units | 357 (13.4%) |
| Median Home Value | $202,699 |
| Average Home Value | $249,191 |
Housing Distribution
Address Breakdown
Residential
2,441
Single Family
2,333
Multi-Family
108
Businesses
162
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