315 Pine StDecaturMI49045
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 Decatur at 315 Pine St, Decatur, MI, 49045 uses $51,383 cash to close to unlock $1,902/yr annual cash flow and $159/mo monthly cash flow. Total monthly income runs $1,181/mo, and a $759/mo payment keeps the spread at $159/mo. Purchase price stands at $155,000, and rental yield measures 9.14% with $1,181/mo rent. Return on cash invested shows 23.61% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 123.25% and total cumulative return in cash records $63,328. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,181/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1949
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices