2869 3rd St, La Salle, MI, 48145 | 7.54% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

Investment property for sale in La Salle at 2869 3rd St, La Salle, MI, 48145 earns from $3,078/mo rent with a $2,398/mo payment. Total monthly income totals $3,078/mo. ROI tracks 18.78% on current figures, and rental yield reads 7.54% at a $489,900 purchase. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 over five years. Five-year ROI reaches 97.34% and total cumulative return in cash sums $158,081. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,078/mo property income instead of your personal income.

Single Family

Built in 1999

0.79 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48145, La Salle, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,521 (100%)
Owner Occupied HU	1,313 (86.3%)
Renter Occupied HU	118 ( 7.8%)
Vacant Housing Units	90 ( 5.9%)
Median Home Value	$302,712
Average Home Value	$314,006