340 N 2nd StStantonMI48888
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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 Stanton at 340 N 2nd St, Stanton, MI, 48888 offers a 9.44% rental yield on a $179,900 purchase with $1,415/mo rent. Total monthly income registers $1,415/mo, and a $881/mo payment leaves $228/mo available for distribution. Annual cash flow reaches $2,738/yr on $59,637 to close, and return on cash invested stands at 24.5% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 128.09% and total cumulative return in cash at $76,389. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,415/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48888, Stanton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,241 (100%) |
| Owner Occupied HU | 2,224 (68.6%) |
| Renter Occupied HU | 459 (14.2%) |
| Vacant Housing Units | 558 (17.2%) |
| Median Home Value | $231,772 |
| Average Home Value | $235,794 |
Housing Distribution
Address Breakdown
Residential
2,636
Single Family
2,582
Multi-Family
54
Businesses
169
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