301 W Center StWaldronMI49288
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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 Waldron at 301 W Center St, Waldron, MI, 49288 priced at $124,895 pairs $965/mo rent with $142/mo cash flow after a $611/mo payment. Total monthly income equals $965/mo, and annual cash flow comes to $1,700/yr on $41,403 invested. Return on cash invested is 24.02% in year one, and rental yield stands at 9.27% on a $124,895 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,506 by year five. Five-year ROI measures 125.43% and total cumulative return in cash reaches $51,932. For financing, Ziffy Mortgage’s DSCR program evaluates $965/mo property income against a $611/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49288, Waldron, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 627 (100%) |
| Owner Occupied HU | 466 (74.3%) |
| Renter Occupied HU | 116 (18.5%) |
| Vacant Housing Units | 45 ( 7.2%) |
| Median Home Value | $136,364 |
| Average Home Value | $169,254 |
Housing Distribution
Address Breakdown
Residential
488
Single Family
488
Multi-Family
0
Businesses
25
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