222 Austin StSanduskyMI48471
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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 Sandusky at 222 Austin St, Sandusky, MI, 48471 generates $1,316/mo in rent, after a $1,121/mo payment. Total monthly income is $1,316/mo. Return on cash invested sits at 16.84% in year one, and rental yield is 6.9% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 86.92% and total cumulative return in cash sums $65,981. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,316/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48471, Sandusky, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,636 (100%) |
| Owner Occupied HU | 1,719 (65.2%) |
| Renter Occupied HU | 702 (26.6%) |
| Vacant Housing Units | 215 ( 8.2%) |
| Median Home Value | $162,345 |
| Average Home Value | $217,945 |
Housing Distribution
Address Breakdown
Residential
2,459
Single Family
2,118
Multi-Family
341
Businesses
286
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