306 E Congress StSturgisMI49091
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 Sturgis at 306 E Congress St, Sturgis, MI, 49091 at $169,000 posts ROI 54.52% with $1,616/mo cash flow from $2,730/mo rent. Total monthly income equals $2,730/mo, and annual cash flow records $19,388/yr on $56,024 to close. Return on cash invested measures 54.52% and rental yield reads 19.38% at the current $169,000. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 by year five. Five-year ROI prints 288.98% and total cumulative return in cash totals $161,899.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,730/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49091, Sturgis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,734 (100%) |
| Owner Occupied HU | 5,515 (63.1%) |
| Renter Occupied HU | 2,168 (24.8%) |
| Vacant Housing Units | 1,051 (12.0%) |
| Median Home Value | $184,271 |
| Average Home Value | $220,724 |
Housing Distribution
Address Breakdown
Residential
8,139
Single Family
7,258
Multi-Family
881
Businesses
611
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