3353 S Baldwin RdIthacaMI48847
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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 Ithaca at 3353 S Baldwin Rd, Ithaca, MI, 48847 earns $505/mo cash flow from $1,626/mo rent with a $832/mo payment. Total monthly income totals $1,626/mo, and annual cash flow totals $6,062/yr on $56,322 capital. ROI tracks 30.67% on current figures, and rental yield reads 11.48% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 161.18% and total cumulative return in cash sums $90,782. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,626/mo property income instead of your personal income.
Single Family
Built in 1930
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48847, Ithaca, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,615 (100%) |
| Owner Occupied HU | 1,866 (71.4%) |
| Renter Occupied HU | 523 (20.0%) |
| Vacant Housing Units | 226 ( 8.6%) |
| Median Home Value | $169,856 |
| Average Home Value | $200,805 |
Housing Distribution
Address Breakdown
Residential
2,528
Single Family
2,462
Multi-Family
66
Businesses
239
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