280 N Main StImlay CityMI48444
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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 Imlay City at 280 N Main St, Imlay City, MI, 48444 earns $104/mo cash flow from $1,423/mo rent with a $979/mo payment. Total monthly income totals $1,423/mo, and annual cash flow totals $1,248/yr on $66,300 capital. ROI tracks 21.79% on current figures, and rental yield reads 8.54% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 113.46% and total cumulative return in cash sums $75,224. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,423/mo property income instead of your personal income.
Single Family
Built in 1930
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48444, Imlay City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,954 (100%) |
| Owner Occupied HU | 2,921 (73.9%) |
| Renter Occupied HU | 804 (20.3%) |
| Vacant Housing Units | 229 ( 5.8%) |
| Median Home Value | $235,530 |
| Average Home Value | $255,605 |
Housing Distribution
Address Breakdown
Residential
3,871
Single Family
3,444
Multi-Family
427
Businesses
378
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Listed by: Shane Root • EXP Realty Main
Mls Name: Realcomp II
Mls ID: #20251038779