265 W Casgrove StNashvilleMI49073
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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
Rental property for sale in Nashville at 265 W Casgrove St, Nashville, MI, 49073 priced at $329,900 converts $2,088/mo rent into after a $1,615/mo obligation. Total monthly income equals $2,088/mo. Return on cash invested prints 18.95% in year one, and rental yield reads 7.6% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 98.24% and total cumulative return in cash sums $107,439. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,088/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1968
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49073, Nashville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,259 (100%) |
| Owner Occupied HU | 1,670 (73.9%) |
| Renter Occupied HU | 406 (18.0%) |
| Vacant Housing Units | 183 ( 8.1%) |
| Median Home Value | $197,849 |
| Average Home Value | $243,499 |
Housing Distribution
Address Breakdown
Residential
1,898
Single Family
1,841
Multi-Family
57
Businesses
61
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