232 W Jasper StGwinnMI49841
Nearby investment properties with comparable rents
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
Investment property for sale in Gwinn at 232 W Jasper St, Gwinn, MI, 49841 at $185,900 posts ROI 24.91% with $257/mo cash flow from $1,483/mo rent. Total monthly income equals $1,483/mo, and annual cash flow records $3,084/yr on $61,626 to close. Return on cash invested measures 24.91% and rental yield reads 9.57% at the current $185,900. Equity gained on principal adds $1,200/yr, and 5% annual appreciation supports $51,361 by year five. Five-year ROI prints 130.21% and total cumulative return in cash totals $80,241.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,483/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49841, Gwinn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,101 (100%) |
| Owner Occupied HU | 2,051 (50.0%) |
| Renter Occupied HU | 1,197 (29.2%) |
| Vacant Housing Units | 853 (20.8%) |
| Median Home Value | $200,129 |
| Average Home Value | $233,729 |
Housing Distribution
Address Breakdown
Residential
2,917
Single Family
2,861
Multi-Family
56
Businesses
157
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices