303 Herbert StBlanchardMI49310
Nearby investment properties with comparable rents
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 Blanchard at 303 Herbert St, Blanchard, MI, 49310 listed at $160,000 pairs $1,465/mo rent with a $783/mo payment to leave $410/mo cash flow. Total monthly income runs $1,465/mo, and annual cash flow reaches $4,920/yr on $53,040 cash to close. Return on cash invested measures 29.18% in year one, and rental yield registers 10.99% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 153.08% and total cumulative return in cash totals $81,194. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,465/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49310, Blanchard, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 1,009 (81.8%) |
| Renter Occupied HU | 112 ( 9.1%) |
| Vacant Housing Units | 113 ( 9.2%) |
| Median Home Value | $195,192 |
| Average Home Value | $230,580 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
