318 E North StStandishMI48658
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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 Standish at 318 E North St, Standish, MI, 48658 priced at $171,800 pairs $1,672/mo rent with $539/mo cash flow after a $841/mo payment. Total monthly income equals $1,672/mo, and annual cash flow comes to $6,467/yr on $56,952 invested. Return on cash invested is 31.26% in year one, and rental yield stands at 11.68% on a $171,800 basis. Equity gained on principal adds $1,109/yr, and 5% annual appreciation accumulates to $47,465 by year five. Five-year ROI measures 164.28% and total cumulative return in cash reaches $93,562. For financing, Ziffy Mortgage’s DSCR program evaluates $1,672/mo property income against a $841/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48658, Standish, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,527 (100%) |
| Owner Occupied HU | 1,649 (65.3%) |
| Renter Occupied HU | 472 (18.7%) |
| Vacant Housing Units | 406 (16.1%) |
| Median Home Value | $135,972 |
| Average Home Value | $163,014 |
Housing Distribution
Address Breakdown
Residential
2,119
Single Family
1,956
Multi-Family
163
Businesses
272
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