319 Clark 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 319 Clark St, Decatur, MI, 49045 offers a 6.44% rental yield on a $325,000 purchase with $1,744/mo rent. 46% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 79.53% and total cumulative return in cash at $85,681. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,744/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
0.52 Acres 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
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