310 Lincoln StAlleganMI49010
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 Allegan at 310 Lincoln St, Allegan, MI, 49010 at $108,000 posts ROI 47.54% with $824/mo cash flow from $1,537/mo rent. Total monthly income equals $1,537/mo, and annual cash flow records $9,893/yr on $35,802 to close. Return on cash invested measures 47.54% and rental yield reads 17.08% at the current $108,000. Equity gained on principal adds $697/yr, and 5% annual appreciation supports $29,838 by year five. Five-year ROI prints 251.64% and total cumulative return in cash totals $90,092.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,537/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49010, Allegan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,995 (100%) |
| Owner Occupied HU | 5,834 (73.0%) |
| Renter Occupied HU | 1,343 (16.8%) |
| Vacant Housing Units | 818 (10.2%) |
| Median Home Value | $253,605 |
| Average Home Value | $286,559 |
Housing Distribution
Address Breakdown
Residential
7,618
Single Family
7,132
Multi-Family
486
Businesses
470
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