219 S Baldwin StWhitehallMI49461
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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 Whitehall at 219 S Baldwin St, Whitehall, MI, 49461 with 5% annual appreciation on a $260,000 basis while $1,735/mo rent supports operations. Total monthly income totals $1,735/mo and a $1,273/mo payment preserves $20/mo for cash returns. Annual cash flow comes to $240/yr on $86,190 deployed, and return on cash invested reaches 20.19% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 8.01%. Five-year ROI measures 104.87% and total cumulative return in cash totals $90,389.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,735/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49461, Whitehall, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,152 (100%) |
| Owner Occupied HU | 3,114 (75.0%) |
| Renter Occupied HU | 533 (12.8%) |
| Vacant Housing Units | 505 (12.2%) |
| Median Home Value | $262,468 |
| Average Home Value | $328,917 |
Housing Distribution
Address Breakdown
Residential
4,150
Single Family
3,978
Multi-Family
172
Businesses
272
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