214 Court St NStandishMI48658
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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
Rental property for sale in Standish at 214 Court St N, Standish, MI, 48658 offers $793/mo rent that, after a $489/mo payment, leaves $134/mo cash flow. Total monthly income is $793/mo, and annual cash flow is $1,608/yr on $33,150 cash. Return on cash invested measures 24.76% in year one, and rental yield stands at 9.52% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 129.35% and total cumulative return in cash reaches $42,880. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $793/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48658, Standish, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,527 (100%) |
| Owner Occupied HU | 1,649 (65.3%) |
| Renter Occupied HU | 472 (18.7%) |
| Vacant Housing Units | 406 (16.1%) |
| Median Home Value | $135,972 |
| Average Home Value | $163,014 |
Housing Distribution
Address Breakdown
Residential
2,119
Single Family
1,956
Multi-Family
163
Businesses
272
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