334 Thistle AveClimaxMI49034
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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 Climax at 334 Thistle Ave, Climax, MI, 49034 with 5% annual appreciation on a $274,900 basis while $2,677/mo rent supports operations. Total monthly income totals $2,677/mo and a $1,346/mo payment preserves $865/mo for cash returns. Annual cash flow comes to $10,376/yr on $91,129 deployed, and return on cash invested reaches 31.3% in year one. Equity gained on principal adds $1,774/yr, and five-year appreciation sums $75,950 alongside rental yield of 11.69%. Five-year ROI measures 164.45% and total cumulative return in cash totals $149,859.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,677/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49034, Climax, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 951 (100%) |
| Owner Occupied HU | 849 (89.3%) |
| Renter Occupied HU | 79 ( 8.3%) |
| Vacant Housing Units | 23 ( 2.4%) |
| Median Home Value | $298,476 |
| Average Home Value | $360,127 |
Housing Distribution
Address Breakdown
Residential
835
Single Family
811
Multi-Family
24
Businesses
28
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