203 Station Hill StGalesburgMI49053
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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 Galesburg at 203 Station Hill St, Galesburg, MI, 49053 offers $3,923/mo rent that, after a $1,542/mo payment, leaves $1,743/mo cash flow. Total monthly income is $3,923/mo, and annual cash flow is $20,913/yr on $104,423 cash. Return on cash invested measures 39.94% in year one, and rental yield stands at 14.94% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 211.2% and total cumulative return in cash reaches $220,541. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,923/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.29 Acres lot
$N/A/sqft
$150 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49053, Galesburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,870 (100%) |
| Owner Occupied HU | 2,333 (81.3%) |
| Renter Occupied HU | 434 (15.1%) |
| Vacant Housing Units | 103 ( 3.6%) |
| Median Home Value | $281,479 |
| Average Home Value | $302,628 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,741
Multi-Family
111
Businesses
159
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