301 E Main StHaleMI48739
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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 Hale at 301 E Main St, Hale, MI, 48739 with 5% annual appreciation on a $119,000 basis while $920/mo rent supports operations. Total monthly income totals $920/mo and a $582/mo payment preserves $136/mo for cash returns. Annual cash flow comes to $1,628/yr on $39,449 deployed, and return on cash invested reaches 24.04% in year one. Equity gained on principal adds $768/yr, and five-year appreciation sums $32,878 alongside rental yield of 9.28%. Five-year ROI measures 125.55% and total cumulative return in cash totals $49,529.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $920/mo property income versus a $582/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48739, Hale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,225 (100%) |
| Owner Occupied HU | 1,619 (38.3%) |
| Renter Occupied HU | 205 ( 4.9%) |
| Vacant Housing Units | 2,401 (56.8%) |
| Median Home Value | $188,876 |
| Average Home Value | $215,741 |
Housing Distribution
Address Breakdown
Residential
2,212
Single Family
2,212
Multi-Family
0
Businesses
111
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