331 N College RdMasonMI48854
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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
Rental property for sale in Mason at 331 N College Rd, Mason, MI, 48854 priced at $299,000 converts $2,412/mo rent into $441/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,412/mo, and annual cash flow totals $5,288/yr on $99,119 invested. Return on cash invested prints 25.24% in year one, and rental yield reads 9.68% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 131.99% and total cumulative return in cash sums $130,822. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,412/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1900
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48854, Mason, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,950 (100%) |
| Owner Occupied HU | 6,261 (78.8%) |
| Renter Occupied HU | 1,385 (17.4%) |
| Vacant Housing Units | 304 ( 3.8%) |
| Median Home Value | $265,466 |
| Average Home Value | $287,694 |
Housing Distribution
Address Breakdown
Residential
8,001
Single Family
7,459
Multi-Family
542
Businesses
509
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