302 E Main StMantonMI49663
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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 Manton at 302 E Main St, Manton, MI, 49663 earns $397/mo cash flow from $1,518/mo rent with a $832/mo payment. Total monthly income totals $1,518/mo, and annual cash flow totals $4,766/yr on $56,322 capital. ROI tracks 28.37% on current figures, and rental yield reads 10.72% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 148.83% and total cumulative return in cash sums $83,822. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,518/mo property income instead of your personal income.
Single Family
Built in 1900
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49663, Manton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,730 (100%) |
| Owner Occupied HU | 1,906 (69.8%) |
| Renter Occupied HU | 388 (14.2%) |
| Vacant Housing Units | 436 (16.0%) |
| Median Home Value | $168,750 |
| Average Home Value | $199,066 |
Housing Distribution
Address Breakdown
Residential
2,249
Single Family
2,179
Multi-Family
70
Businesses
101
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