21605 Massie RdChassellMI49916
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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 Chassell at 21605 Massie Rd, Chassell, MI, 49916 listed at $599,000 pairs $4,919/mo rent with a $2,932/mo payment to leave $969/mo cash flow. Total monthly income runs $4,919/mo, and annual cash flow reaches $11,624/yr on $197,071 cash to close. Return on cash invested measures 25.96% in year one, and rental yield registers 9.85% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 135.79% and total cumulative return in cash totals $267,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,919/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
2.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49916, Chassell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,667 (100%) |
| Owner Occupied HU | 1,072 (64.3%) |
| Renter Occupied HU | 179 (10.7%) |
| Vacant Housing Units | 416 (25.0%) |
| Median Home Value | $244,922 |
| Average Home Value | $274,466 |
Housing Distribution
Address Breakdown
Residential
1,004
Single Family
974
Multi-Family
30
Businesses
51
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