228 E Railroad StMuirMI48860
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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 Muir at 228 E Railroad St, Muir, MI, 48860 generates $1,374/mo in rent and, after a $734/mo payment, leaves $385/mo in cash flow. Total monthly income is $1,374/mo, and annual cash flow is $4,622/yr on $49,692 invested. Return on cash invested sits at 29.21% in year one, and rental yield is 11% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 153.34% and total cumulative return in cash sums $76,199. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,374/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48860, Muir, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 556 (100%) |
| Owner Occupied HU | 425 (76.4%) |
| Renter Occupied HU | 102 (18.3%) |
| Vacant Housing Units | 29 ( 5.2%) |
| Median Home Value | $223,106 |
| Average Home Value | $238,271 |
Housing Distribution
Address Breakdown
Residential
545
Single Family
507
Multi-Family
38
Businesses
13
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