2029 Ridge StStantonMI48888
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 Stanton at 2029 Ridge St, Stanton, MI, 48888 uses $44,753 cash to close to unlock $13,458/yr annual cash flow and $1,122/mo monthly cash flow. Total monthly income runs $2,012/mo, and a $661/mo payment keeps the spread at $1,122/mo. Purchase price stands at $135,000, and rental yield measures 17.88% with $2,012/mo rent. Return on cash invested shows 49.98% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 264.68% and total cumulative return in cash records $118,453. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,012/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1940
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48888, Stanton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,241 (100%) |
| Owner Occupied HU | 2,224 (68.6%) |
| Renter Occupied HU | 459 (14.2%) |
| Vacant Housing Units | 558 (17.2%) |
| Median Home Value | $231,772 |
| Average Home Value | $235,794 |
Housing Distribution
Address Breakdown
Residential
2,636
Single Family
2,582
Multi-Family
54
Businesses
169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
