310 N Main StVassarMI48768
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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 Vassar at 310 N Main St, Vassar, MI, 48768 with 5% annual appreciation on a $129,900 basis while $1,117/mo rent supports operations. Total monthly income totals $1,117/mo and a $636/mo payment preserves $260/mo for cash returns. Annual cash flow comes to $3,122/yr on $43,062 deployed, and return on cash invested reaches 27.16% in year one. Equity gained on principal adds $838/yr, and five-year appreciation sums $35,889 alongside rental yield of 10.32%. Five-year ROI measures 142.36% and total cumulative return in cash totals $61,303.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,117/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1884
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48768, Vassar, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,109 (100%) |
| Owner Occupied HU | 3,221 (78.4%) |
| Renter Occupied HU | 623 (15.2%) |
| Vacant Housing Units | 265 ( 6.4%) |
| Median Home Value | $157,940 |
| Average Home Value | $187,573 |
Housing Distribution
Address Breakdown
Residential
4,059
Single Family
3,876
Multi-Family
183
Businesses
235
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