219 Gasner StBlissfieldMI49228
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 Blissfield at 219 Gasner St, Blissfield, MI, 49228 offers a 8.15% rental yield on a $159,875 purchase with $1,086/mo rent. Total monthly income registers $1,086/mo, and a $783/mo payment leaves $31/mo available for distribution. Annual cash flow reaches $375/yr on $52,999 to close, and return on cash invested stands at 20.62% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,171 over five years. Portfolio math shows five-year ROI at 107.23% and total cumulative return in cash at $56,830. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,086/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49228, Blissfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,269 (100%) |
| Owner Occupied HU | 1,812 (79.9%) |
| Renter Occupied HU | 345 (15.2%) |
| Vacant Housing Units | 112 ( 4.9%) |
| Median Home Value | $214,419 |
| Average Home Value | $272,837 |
Housing Distribution
Address Breakdown
Residential
2,275
Single Family
2,224
Multi-Family
51
Businesses
188
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Listed by: Constance Burghardt • Living In Lenawee Realty, LLC
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50167628
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