3309 Rabidue RdNorth StreetMI48049
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 North Street at 3309 Rabidue Rd, North Street, MI, 48049 at $149,999 posts ROI 23.65% with $155/mo cash flow from $1,144/mo rent. Total monthly income equals $1,144/mo, and annual cash flow records $1,860/yr on $49,725 to close. Return on cash invested measures 23.65% and rental yield reads 9.15% at the current $149,999. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 123.4% and total cumulative return in cash totals $61,362.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,144/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1937
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48049, North Street, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,178 (100%) |
| Owner Occupied HU | 1,956 (89.8%) |
| Renter Occupied HU | 155 ( 7.1%) |
| Vacant Housing Units | 67 ( 3.1%) |
| Median Home Value | $267,787 |
| Average Home Value | $279,720 |
Housing Distribution
Address Breakdown
Residential
2,150
Single Family
2,150
Multi-Family
0
Businesses
40
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Listed by: Adam DeRiso • National Realty Centers, Inc
Mls Name: Realcomp II
Mls ID: #20261004448