2404 3rd StTrentonMI48183
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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 Trenton at 2404 3rd St, Trenton, MI, 48183 offers a 9.29% rental yield on a $199,999 purchase with $1,548/mo rent. Total monthly income registers $1,548/mo, and a $979/mo payment leaves $229/mo available for distribution. Annual cash flow reaches $2,748/yr on $66,300 to close, and return on cash invested stands at 24.05% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 125.57% and total cumulative return in cash at $83,252. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,548/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48183, Trenton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,677 (100%) |
| Owner Occupied HU | 13,910 (74.5%) |
| Renter Occupied HU | 4,172 (22.3%) |
| Vacant Housing Units | 595 ( 3.2%) |
| Median Home Value | $228,663 |
| Average Home Value | $252,497 |
Housing Distribution
Address Breakdown
Residential
18,671
Single Family
15,983
Multi-Family
2,688
Businesses
1,012
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