206 E Edgar Bergen BlvdDecaturMI49045
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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 Decatur at 206 E Edgar Bergen Blvd, Decatur, MI, 49045 at $126,000 posts ROI 24.33% with $154/mo cash flow from $985/mo rent. Total monthly income equals $985/mo, and annual cash flow records $1,846/yr on $41,769 to close. Return on cash invested measures 24.33% and rental yield reads 9.38% at the current $126,000. Equity gained on principal adds $813/yr, and 5% annual appreciation supports $34,811 by year five. Five-year ROI prints 127.06% and total cumulative return in cash totals $53,071.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $985/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1865
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49045, Decatur, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,757 (100%) |
| Owner Occupied HU | 1,745 (63.3%) |
| Renter Occupied HU | 441 (16.0%) |
| Vacant Housing Units | 571 (20.7%) |
| Median Home Value | $235,907 |
| Average Home Value | $283,020 |
Housing Distribution
Address Breakdown
Residential
2,138
Single Family
2,013
Multi-Family
125
Businesses
124
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