314 Cleveland StNashvilleMI49073
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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
Rental property for sale in Nashville at 314 Cleveland St, Nashville, MI, 49073 priced at $162,900 pairs $1,233/mo rent with $159/mo cash flow after a $797/mo payment. Total monthly income equals $1,233/mo, and annual cash flow comes to $1,909/yr on $54,001 invested. Return on cash invested is 23.44% in year one, and rental yield stands at 9.08% on a $162,900 basis. Equity gained on principal adds $1,051/yr, and 5% annual appreciation accumulates to $45,006 by year five. Five-year ROI measures 122.42% and total cumulative return in cash reaches $66,108. For financing, Ziffy Mortgage’s DSCR program evaluates $1,233/mo property income against a $797/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49073, Nashville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,259 (100%) |
| Owner Occupied HU | 1,670 (73.9%) |
| Renter Occupied HU | 406 (18.0%) |
| Vacant Housing Units | 183 ( 8.1%) |
| Median Home Value | $197,849 |
| Average Home Value | $243,499 |
Housing Distribution
Address Breakdown
Residential
1,898
Single Family
1,841
Multi-Family
57
Businesses
61
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