302 E Saint Joe StLitchfieldMI49252








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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
Investment property for sale in Litchfield at 302 E Saint Joe St, Litchfield, MI, 49252 at $135,000 posts ROI 29.44% with $356/mo cash flow from $1,246/mo rent. Total monthly income equals $1,246/mo, and annual cash flow records $4,266/yr on $44,753 to close. Return on cash invested measures 29.44% and rental yield reads 11.08% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 154.56% and total cumulative return in cash totals $69,169.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,246/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49252, Litchfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 847 (72.8%) |
| Renter Occupied HU | 257 (22.1%) |
| Vacant Housing Units | 59 ( 5.1%) |
| Median Home Value | $150,107 |
| Average Home Value | $184,383 |
Housing Distribution
Address Breakdown
Residential
1,040
Single Family
1,016
Multi-Family
24
Businesses
79
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Listed by: Dustin Damon • RE/MAX Perrett Associates
Mls Name: MichRIC
Mls Provider:
Mls ID: #24048689
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








