215 E Chestnut StBreckenridgeMI48615
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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 Breckenridge at 215 E Chestnut St, Breckenridge, MI, 48615 at $180,000 posts ROI 28.72% with $438/mo cash flow from $1,625/mo rent. Total monthly income equals $1,625/mo, and annual cash flow records $5,256/yr on $59,670 to close. Return on cash invested measures 28.72% and rental yield reads 10.83% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 150.62% and total cumulative return in cash totals $89,873.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,625/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Adam Vibber • CENTURY 21 LEE-MAC REALTY
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1937655
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.