215 N Center StStockbridgeMI49285
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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 Stockbridge at 215 N Center St, Stockbridge, MI, 49285 uses $57,018 cash to close to unlock $623/yr annual cash flow and $52/mo monthly cash flow. Total monthly income runs $1,229/mo, and a $842/mo payment keeps the spread at $52/mo. Purchase price stands at $172,000, and rental yield measures 8.57% with $1,229/mo rent. Return on cash invested shows 21% in year one, and 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 109.57% and total cumulative return in cash records $62,473. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,229/mo property income covering a $842/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49285, Stockbridge, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,328 (100%) |
| Owner Occupied HU | 1,878 (80.7%) |
| Renter Occupied HU | 330 (14.2%) |
| Vacant Housing Units | 120 ( 5.2%) |
| Median Home Value | $283,200 |
| Average Home Value | $312,280 |
Housing Distribution
Address Breakdown
Residential
2,177
Single Family
2,129
Multi-Family
48
Businesses
126
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Listed by: Greg Uihlein • Howard Hanna Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25013724
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.