320 Hemlock AveAmasaMI49903
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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
Investment property for sale in Amasa at 320 Hemlock Ave, Amasa, MI, 49903 with 5% annual appreciation on a $104,900 basis while $823/mo rent supports operations. Total monthly income totals $823/mo and a $513/mo payment preserves $132/mo for cash returns. Annual cash flow comes to $1,580/yr on $34,774 deployed, and return on cash invested reaches 24.45% in year one. Equity gained on principal adds $677/yr, and five-year appreciation sums $28,982 alongside rental yield of 9.41%. Five-year ROI measures 127.77% and total cumulative return in cash totals $44,430.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $823/mo property income versus a $513/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49903, Amasa, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 170 (100%) |
| Owner Occupied HU | 64 (37.6%) |
| Renter Occupied HU | 8 ( 4.7%) |
| Vacant Housing Units | 98 (57.6%) |
| Median Home Value | $190,000 |
| Average Home Value | $279,648 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
15
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