2160 N Shaytown RdVermontvilleMI49096
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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 Vermontville at 2160 N Shaytown Rd, Vermontville, MI, 49096 uses $62,952 cash to close to unlock $6,566/yr annual cash flow and $547/mo monthly cash flow. Total monthly income runs $1,799/mo, and a $929/mo payment keeps the spread at $547/mo. Purchase price stands at $189,900, and rental yield measures 11.37% with $1,799/mo rent. Return on cash invested shows 30.34% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 159.37% and total cumulative return in cash records $100,325. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,799/mo property income covering a $929/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49096, Vermontville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 1,002 (80.8%) |
| Renter Occupied HU | 164 (13.2%) |
| Vacant Housing Units | 74 ( 6.0%) |
| Median Home Value | $253,727 |
| Average Home Value | $293,565 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,184
Multi-Family
16
Businesses
36
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Listed by: William R James • Bellabay Realty LLC
Mls Name: MichRIC
Mls ID: #25051186