2249 E Montgomery RdHillsdaleMI49242
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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 Hillsdale at 2249 E Montgomery Rd, Hillsdale, MI, 49242 earns $193/mo cash flow from $1,445/mo rent with a $929/mo payment. Total monthly income totals $1,445/mo, and annual cash flow totals $2,318/yr on $62,952 capital. ROI tracks 23.59% on current figures, and rental yield reads 9.13% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 123.19% and total cumulative return in cash sums $77,549. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,445/mo property income instead of your personal income.
Single Family
Built in 1900
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49242, Hillsdale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,762 (100%) |
| Owner Occupied HU | 4,061 (60.1%) |
| Renter Occupied HU | 1,845 (27.3%) |
| Vacant Housing Units | 856 (12.7%) |
| Median Home Value | $196,324 |
| Average Home Value | $226,490 |
Housing Distribution
Address Breakdown
Residential
6,129
Single Family
5,552
Multi-Family
577
Businesses
570
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