219 S Michigan StMontgomeryMI49255
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 Montgomery at 219 S Michigan St, Montgomery, MI, 49255 offers a 17.43% rental yield on a $138,000 purchase with $2,004/mo rent. Total monthly income registers $2,004/mo, and a $675/mo payment leaves $1,094/mo available for distribution. Annual cash flow reaches $13,133/yr on $45,747 to close, and return on cash invested stands at 48.62% in year one. Equity gained on principal adds $890/yr while 5% annual appreciation supports $38,127 over five years. Portfolio math shows five-year ROI at 257.39% and total cumulative return in cash at $117,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,004/mo property income against a $675/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49255, Montgomery, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 808 (100%) |
| Owner Occupied HU | 544 (67.3%) |
| Renter Occupied HU | 103 (12.7%) |
| Vacant Housing Units | 161 (19.9%) |
| Median Home Value | $197,297 |
| Average Home Value | $275,524 |
Housing Distribution
Address Breakdown
Residential
662
Single Family
662
Multi-Family
0
Businesses
8
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Nearby investment properties with comparable prices
Listed by: Amanda Case • Southern Marsh Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25027375
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.