201 Mann RdSterlingMI48659
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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 Sterling at 201 Mann Rd, Sterling, MI, 48659 priced at $249,900 converts $1,800/mo rent into $152/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,800/mo, and annual cash flow totals $1,826/yr on $82,842 invested. Return on cash invested prints 22.11% in year one, and rental yield reads 8.64% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 115.25% and total cumulative return in cash sums $95,474. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48659, Sterling, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,336 (100%) |
| Owner Occupied HU | 1,041 (77.9%) |
| Renter Occupied HU | 116 ( 8.7%) |
| Vacant Housing Units | 179 (13.4%) |
| Median Home Value | $153,635 |
| Average Home Value | $181,765 |
Housing Distribution
Address Breakdown
Residential
1,126
Single Family
1,126
Multi-Family
0
Businesses
46
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