206 George Smith Jr StRose CityMI48654
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 Rose City at 206 George Smith Jr St, Rose City, MI, 48654 offers a 9.62% rental yield on a $107,000 purchase with $858/mo rent. Total monthly income registers $858/mo, and a $524/mo payment leaves $152/mo available for distribution. Annual cash flow reaches $1,825/yr on $35,471 to close, and return on cash invested stands at 25.05% in year one. Equity gained on principal adds $690/yr while 5% annual appreciation supports $29,562 over five years. Portfolio math shows five-year ROI at 131.11% and total cumulative return in cash at $46,506. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $858/mo property income against a $524/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48654, Rose City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,901 (100%) |
| Owner Occupied HU | 856 (45.0%) |
| Renter Occupied HU | 164 ( 8.6%) |
| Vacant Housing Units | 881 (46.3%) |
| Median Home Value | $170,221 |
| Average Home Value | $200,870 |
Housing Distribution
Address Breakdown
Residential
973
Single Family
957
Multi-Family
16
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices