316 E Cherry StFremontMI49412
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 Fremont at 316 E Cherry St, Fremont, MI, 49412 at $165,000 posts ROI 25.08% with $236/mo cash flow from $1,324/mo rent. Total monthly income equals $1,324/mo, and annual cash flow records $2,826/yr on $54,698 to close. Return on cash invested measures 25.08% and rental yield reads 9.63% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 131.11% and total cumulative return in cash totals $71,711.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,324/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49412, Fremont, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,254 (100%) |
| Owner Occupied HU | 3,886 (74.0%) |
| Renter Occupied HU | 827 (15.7%) |
| Vacant Housing Units | 541 (10.3%) |
| Median Home Value | $218,545 |
| Average Home Value | $256,878 |
Housing Distribution
Address Breakdown
Residential
4,810
Single Family
4,578
Multi-Family
232
Businesses
423
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