209 S McDonnell StCorunnaMI48817
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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 Corunna at 209 S McDonnell St, Corunna, MI, 48817 earns $198/mo cash flow from $1,286/mo rent with a $808/mo payment. Total monthly income totals $1,286/mo, and annual cash flow totals $2,370/yr on $54,698 capital. ROI tracks 24.24% on current figures, and rental yield reads 9.35% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 126.67% and total cumulative return in cash sums $69,287. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,286/mo property income instead of your personal income.
Single Family
Built in 1930
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48817, Corunna, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,745 (100%) |
| Owner Occupied HU | 1,965 (71.6%) |
| Renter Occupied HU | 637 (23.2%) |
| Vacant Housing Units | 143 ( 5.2%) |
| Median Home Value | $199,160 |
| Average Home Value | $217,626 |
Housing Distribution
Address Breakdown
Residential
2,605
Single Family
2,284
Multi-Family
321
Businesses
166
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