230 E Genesee StFrankenmuthMI48734
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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 Frankenmuth at 230 E Genesee St, Frankenmuth, MI, 48734 with 5% annual appreciation on a $297,900 basis while $1,790/mo rent supports operations. 79% in year one. Equity gained on principal adds $1,922/yr, and five-year appreciation sums $82,304 alongside rental yield of 7.21%. Five-year ROI measures 92.02% and total cumulative return in cash totals $90,877. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,790/mo property income versus a $1,458/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1922
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48734, Frankenmuth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,489 (100%) |
| Owner Occupied HU | 2,548 (73.0%) |
| Renter Occupied HU | 615 (17.6%) |
| Vacant Housing Units | 326 ( 9.3%) |
| Median Home Value | $293,473 |
| Average Home Value | $343,000 |
Housing Distribution
Address Breakdown
Residential
3,371
Single Family
3,036
Multi-Family
335
Businesses
442
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Listed by: Jennifer Hess • Century 21 Signature Realty
Mls Name: MiRealSource
Mls ID: #50186038