3412 John StRavennaMI49451
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ravenna at 3412 John St, Ravenna, MI, 49451 priced at $215,000 pairs $2,296/mo rent with $786/mo cash flow after a $1,052/mo payment. Total monthly income equals $2,296/mo, and annual cash flow comes to $9,433/yr on $71,273 invested. Return on cash invested is 33.14% in year one, and rental yield stands at 12.81% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 174.99% and total cumulative return in cash reaches $124,717. For financing, Ziffy Mortgage’s DSCR program evaluates $2,296/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1972
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49451, Ravenna, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,211 (100%) |
| Owner Occupied HU | 1,916 (86.7%) |
| Renter Occupied HU | 208 ( 9.4%) |
| Vacant Housing Units | 87 ( 3.9%) |
| Median Home Value | $269,377 |
| Average Home Value | $315,956 |
Housing Distribution
Address Breakdown
Residential
2,313
Single Family
2,229
Multi-Family
84
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
