205 Prentiss StAllenMI49227
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 Allen at 205 Prentiss St, Allen, MI, 49227 offers a 13.72% rental yield on a $164,900 purchase with $1,886/mo rent. Total monthly income registers $1,886/mo, and a $807/mo payment leaves $799/mo available for distribution. Annual cash flow reaches $9,584/yr on $54,664 to close, and return on cash invested stands at 37.44% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 197.4% and total cumulative return in cash at $107,908. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,886/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49227, Allen, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 585 (100%) |
| Owner Occupied HU | 442 (75.6%) |
| Renter Occupied HU | 90 (15.4%) |
| Vacant Housing Units | 53 ( 9.1%) |
| Median Home Value | $189,063 |
| Average Home Value | $233,643 |
Housing Distribution
Address Breakdown
Residential
490
Single Family
490
Multi-Family
0
Businesses
19
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