285 Dirgo StImlay CityMI48444
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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
Rental property for sale in Imlay City at 285 Dirgo St, Imlay City, MI, 48444 priced at $174,900 pairs $1,325/mo rent with $172/mo cash flow after a $856/mo payment. Total monthly income equals $1,325/mo, and annual cash flow comes to $2,060/yr on $57,979 invested. Return on cash invested is 23.46% in year one, and rental yield stands at 9.09% on a $174,900 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,322 by year five. Five-year ROI measures 122.42% and total cumulative return in cash reaches $70,980. For financing, Ziffy Mortgage’s DSCR program evaluates $1,325/mo property income against a $856/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
3,920 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: Brandon K Rowley • Realty Executives Main St LLC
Mls Name: Realcomp II
Mls ID: #20251058685