220 W Main StVermontvilleMI49096
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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 Vermontville at 220 W Main St, Vermontville, MI, 49096 uses $69,615 cash to close to unlock $768/yr annual cash flow and $64/mo monthly cash flow. Total monthly income runs $1,449/mo, and a $1,028/mo payment keeps the spread at $64/mo. Purchase price stands at $210,000, and rental yield measures 8.28% with $1,449/mo rent. Return on cash invested shows 21.01% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 109.29% and total cumulative return in cash records $76,084. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,449/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1890
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49096, Vermontville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 1,002 (80.8%) |
| Renter Occupied HU | 164 (13.2%) |
| Vacant Housing Units | 74 ( 6.0%) |
| Median Home Value | $253,727 |
| Average Home Value | $293,565 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,184
Multi-Family
16
Businesses
36
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Listed by: Stacy Schilz • Greenridge Realty (Hastings)
Mls Name: MichRIC
Mls Provider:
Mls ID: #24063693
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.