208 E Main StParmaMI49269
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 Parma at 208 E Main St, Parma, MI, 49269 offers a 9.79% rental yield on a $175,000 purchase with $1,428/mo rent. Total monthly income registers $1,428/mo, and a $857/mo payment leaves $274/mo available for distribution. Annual cash flow reaches $3,282/yr on $58,013 to close, and return on cash invested stands at 25.57% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 133.76% and total cumulative return in cash at $77,599. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,428/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,875 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
