333 Jefferson StFenwickMI48834
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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 Fenwick at 333 Jefferson St, Fenwick, MI, 48834 priced at $175,000 converts $1,951/mo rent into $797/mo cash flow after a $857/mo obligation. Total monthly income equals $1,951/mo, and annual cash flow totals $9,558/yr on $58,013 invested. Return on cash invested prints 36.38% in year one, and rental yield reads 13.38% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 191.76% and total cumulative return in cash sums $111,247. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,951/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48834, Fenwick, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,061 (100%) |
| Owner Occupied HU | 844 (79.5%) |
| Renter Occupied HU | 119 (11.2%) |
| Vacant Housing Units | 98 ( 9.2%) |
| Median Home Value | $221,131 |
| Average Home Value | $260,749 |
Housing Distribution
Address Breakdown
Residential
926
Single Family
926
Multi-Family
0
Businesses
9
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