219 Washington StVassarMI48768
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 Vassar at 219 Washington St, Vassar, MI, 48768 at $140,600 posts ROI 25.16% with $204/mo cash flow from $1,131/mo rent. Total monthly income equals $1,131/mo, and annual cash flow records $2,448/yr on $46,609 to close. Return on cash invested measures 25.16% and rental yield reads 9.65% at the current $140,600. Equity gained on principal adds $907/yr, and 5% annual appreciation supports $38,845 by year five. Five-year ROI prints 131.55% and total cumulative return in cash totals $61,315.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,131/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1932
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48768, Vassar, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,109 (100%) |
| Owner Occupied HU | 3,221 (78.4%) |
| Renter Occupied HU | 623 (15.2%) |
| Vacant Housing Units | 265 ( 6.4%) |
| Median Home Value | $157,940 |
| Average Home Value | $187,573 |
Housing Distribution
Address Breakdown
Residential
4,059
Single Family
3,876
Multi-Family
183
Businesses
235
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