321 E Fenton StUnion CityMI49094
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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 Union City at 321 E Fenton St, Union City, MI, 49094 listed at $205,000 pairs $1,435/mo rent with a $1,003/mo payment to leave $84/mo cash flow. Total monthly income runs $1,435/mo, and annual cash flow reaches $1,002/yr on $67,958 cash to close. Return on cash invested measures 21.38% in year one, and rental yield registers 8.4% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 111.31% and total cumulative return in cash totals $75,642. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,435/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49094, Union City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,816 (100%) |
| Owner Occupied HU | 1,298 (71.5%) |
| Renter Occupied HU | 336 (18.5%) |
| Vacant Housing Units | 182 (10.0%) |
| Median Home Value | $157,353 |
| Average Home Value | $197,993 |
Housing Distribution
Address Breakdown
Residential
1,677
Single Family
1,624
Multi-Family
53
Businesses
103
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Listed by: Colton Rine • Five Star Real Estate (Grandv)
Mls Name: MichRIC
Mls ID: #26003153