3508 Andrews Rd, Buchanan, MI, 49107 | $10/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Buchanan at 3508 Andrews Rd, Buchanan, MI, 49107 priced at $360,000 converts $2,384/mo rent into $10/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,384/mo, and annual cash flow totals $120/yr on $119,340 invested. Return on cash invested prints 20.01% in year one, and rental yield reads 7.95% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 103.9% and total cumulative return in cash sums $123,993. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,384/mo property income covering a $1,762/mo payment, not borrower’s personal income.

Single Family

Built in 1974

0.77 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49107, Buchanan, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,615 (100%)
Owner Occupied HU	3,148 (68.2%)
Renter Occupied HU	868 (18.8%)
Vacant Housing Units	599 (13.0%)
Median Home Value	$247,959
Average Home Value	$345,785