204 E North StSaint CharlesMI48655
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
Rental property for sale in Saint Charles at 204 E North St, Saint Charles, MI, 48655 priced at $155,000 pairs $1,339/mo rent with $317/mo cash flow after a $759/mo payment. Total monthly income equals $1,339/mo, and annual cash flow comes to $3,798/yr on $51,383 invested. Return on cash invested is 27.3% in year one, and rental yield stands at 10.37% on a $155,000 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,824 by year five. Five-year ROI measures 143.08% and total cumulative return in cash reaches $73,516. For financing, Ziffy Mortgage’s DSCR program evaluates $1,339/mo property income against a $759/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48655, Saint Charles, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,516 (100%) |
| Owner Occupied HU | 2,056 (81.7%) |
| Renter Occupied HU | 314 (12.5%) |
| Vacant Housing Units | 146 ( 5.8%) |
| Median Home Value | $204,050 |
| Average Home Value | $235,154 |
Housing Distribution
Address Breakdown
Residential
2,502
Single Family
2,502
Multi-Family
0
Businesses
114
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Listed by: Eugenia Jarema • Century 21 Signature Realty
Mls Name: MiRealSource
Mls ID: #50196858