310 E Edgar Bergen BlvdDecaturMI49045
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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 Decatur at 310 E Edgar Bergen Blvd, Decatur, MI, 49045 offers a 9.54% rental yield on a $159,900 purchase with $1,271/mo rent. Total monthly income registers $1,271/mo, and a $783/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,594/yr on $53,007 to close, and return on cash invested stands at 24.8% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 129.71% and total cumulative return in cash at $68,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,271/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1904
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49045, Decatur, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,757 (100%) |
| Owner Occupied HU | 1,745 (63.3%) |
| Renter Occupied HU | 441 (16.0%) |
| Vacant Housing Units | 571 (20.7%) |
| Median Home Value | $235,907 |
| Average Home Value | $283,020 |
Housing Distribution
Address Breakdown
Residential
2,138
Single Family
2,013
Multi-Family
125
Businesses
124
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