311 W State StSaint LouisMI48880
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 Saint Louis at 311 W State St, Saint Louis, MI, 48880 at $235,000 posts ROI 22.26% with $153/mo cash flow from $1,702/mo rent. Total monthly income equals $1,702/mo, and annual cash flow records $1,830/yr on $77,903 to close. Return on cash invested measures 22.26% and rental yield reads 8.69% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 116% and total cumulative return in cash totals $90,364.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,702/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48880, Saint Louis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 2,138 (70.3%) |
| Renter Occupied HU | 655 (21.5%) |
| Vacant Housing Units | 249 ( 8.2%) |
| Median Home Value | $155,172 |
| Average Home Value | $183,709 |
Housing Distribution
Address Breakdown
Residential
2,909
Single Family
2,809
Multi-Family
100
Businesses
192
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Nearby investment properties with comparable prices
Listed by: Arturo Cantu • Epique Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25025923
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.