319 Neil StCement CityMI49233
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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 Cement City at 319 Neil St, Cement City, MI, 49233 with 5% annual appreciation on a $115,000 basis while $1,718/mo rent supports operations. Total monthly income totals $1,718/mo and a $563/mo payment preserves $960/mo for cash returns. Annual cash flow comes to $11,514/yr on $38,123 deployed, and return on cash invested reaches 50.11% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 17.93%. Five-year ROI measures 265.38% and total cumulative return in cash totals $101,169.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,718/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49233, Cement City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,126 (76.3%) |
| Renter Occupied HU | 101 ( 6.8%) |
| Vacant Housing Units | 248 (16.8%) |
| Median Home Value | $287,644 |
| Average Home Value | $316,241 |
Housing Distribution
Address Breakdown
Residential
1,316
Single Family
1,316
Multi-Family
0
Businesses
48
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Listed by: BRETT MILES • C-21 Affiliated - Jackson
Mls Name: MichRIC
Mls Provider:
Mls ID: #25051259
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.