3165 Merritt StConwayMI49722
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 Conway at 3165 Merritt St, Conway, MI, 49722 earns $722/mo cash flow from $2,173/mo rent with a $1,077/mo payment. Total monthly income totals $2,173/mo, and annual cash flow totals $8,664/yr on $72,930 capital. ROI tracks 31.79% on current figures, and rental yield reads 11.85% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 167.07% and total cumulative return in cash sums $121,847. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,173/mo property income instead of your personal income.
Single Family
Built in N/A
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49722, Conway, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
