216 E Saint Joe StLitchfieldMI49252
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 Litchfield at 216 E Saint Joe St, Litchfield, MI, 49252 at $140,000 posts ROI 39.61% with $762/mo cash flow from $1,685/mo rent. Total monthly income equals $1,685/mo, and annual cash flow records $9,144/yr on $46,410 to close. Return on cash invested measures 39.61% and rental yield reads 14.44% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 209.02% and total cumulative return in cash totals $97,006.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,685/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49252, Litchfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 847 (72.8%) |
| Renter Occupied HU | 257 (22.1%) |
| Vacant Housing Units | 59 ( 5.1%) |
| Median Home Value | $150,107 |
| Average Home Value | $184,383 |
Housing Distribution
Address Breakdown
Residential
1,040
Single Family
1,016
Multi-Family
24
Businesses
79
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Listed by: Angie Marsh • Southern Marsh Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25036309
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.