231 Aaron DrColdwaterMI49036
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Nearby investment properties with comparable prices
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 Coldwater at 231 Aaron Dr, Coldwater, MI, 49036 priced at $475,000 pairs $3,139/mo rent with $7/mo cash flow after a $2,325/mo payment. Total monthly income equals $3,139/mo, and annual cash flow comes to $78/yr on $157,463 invested. Return on cash invested is 19.96% in year one, and rental yield stands at 7.93% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 103.65% and total cumulative return in cash reaches $163,207. For financing, Ziffy Mortgage’s DSCR program evaluates $3,139/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49036, Coldwater, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,077 (100%) |
| Owner Occupied HU | 6,734 (55.8%) |
| Renter Occupied HU | 2,756 (22.8%) |
| Vacant Housing Units | 2,587 (21.4%) |
| Median Home Value | $166,465 |
| Average Home Value | $212,591 |
Housing Distribution
Address Breakdown
Residential
11,009
Single Family
10,036
Multi-Family
973
Businesses
866
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