234 Broad St, Michigan Center, MI, 49254 | $583/mo Cash Flow

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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

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Investment Highlights

Rental property for sale in Michigan Center at 234 Broad St, Michigan Center, MI, 49254 priced at $109,000 pairs $1,302/mo rent with $583/mo cash flow after a $534/mo payment. Total monthly income equals $1,302/mo, and annual cash flow comes to $6,992/yr on $36,134 invested. Return on cash invested is 39.26% in year one, and rental yield stands at 14.33% on a $109,000 basis. Equity gained on principal adds $703/yr, and 5% annual appreciation accumulates to $30,115 by year five. Five-year ROI measures 207.22% and total cumulative return in cash reaches $74,878. For financing, Ziffy Mortgage’s DSCR program evaluates $1,302/mo property income against a $534/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1927

5,662 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49254, Michigan Center, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,517 (100%)
Owner Occupied HU	1,167 (76.9%)
Renter Occupied HU	227 (15.0%)
Vacant Housing Units	123 ( 8.1%)
Median Home Value	$208,133
Average Home Value	$235,548