203 S Cleveland AveGalienMI49113
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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
Investment property for sale in Galien at 203 S Cleveland Ave, Galien, MI, 49113 with 5% annual appreciation on a $325,000 basis while $1,393/mo rent supports operations. 55% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 5.14%. Five-year ROI measures 58.55% and total cumulative return in cash totals $63,085. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,393/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1950
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49113, Galien, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 974 (100%) |
| Owner Occupied HU | 727 (74.6%) |
| Renter Occupied HU | 92 ( 9.4%) |
| Vacant Housing Units | 155 (15.9%) |
| Median Home Value | $220,652 |
| Average Home Value | $308,559 |
Housing Distribution
Address Breakdown
Residential
697
Single Family
697
Multi-Family
0
Businesses
27
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