220 W South StVicksburgMI49097
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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
Rental property for sale in Vicksburg at 220 W South St, Vicksburg, MI, 49097 priced at $340,000 pairs $2,458/mo rent with $216/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,458/mo, and annual cash flow comes to $2,592/yr on $112,710 invested. Return on cash invested is 22.21% in year one, and rental yield stands at 8.68% on a $340,000 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,936 by year five. Five-year ROI measures 115.69% and total cumulative return in cash reaches $130,398. For financing, Ziffy Mortgage’s DSCR program evaluates $2,458/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49097, Vicksburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,972 (100%) |
| Owner Occupied HU | 4,080 (82.1%) |
| Renter Occupied HU | 609 (12.2%) |
| Vacant Housing Units | 283 ( 5.7%) |
| Median Home Value | $304,244 |
| Average Home Value | $342,436 |
Housing Distribution
Address Breakdown
Residential
4,723
Single Family
4,568
Multi-Family
155
Businesses
243
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