355 W Center StSanfordMI48657
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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 Sanford at 355 W Center St, Sanford, MI, 48657 offers a 11.33% rental yield on a $179,900 purchase with $1,698/mo rent. Total monthly income registers $1,698/mo, and a $881/mo payment leaves $511/mo available for distribution. Annual cash flow reaches $6,134/yr on $59,637 to close, and return on cash invested stands at 30.19% 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 158.6% and total cumulative return in cash at $94,581. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,698/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 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48657, Sanford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,698 (100%) |
| Owner Occupied HU | 3,015 (81.5%) |
| Renter Occupied HU | 372 (10.1%) |
| Vacant Housing Units | 311 ( 8.4%) |
| Median Home Value | $222,548 |
| Average Home Value | $272,885 |
Housing Distribution
Address Breakdown
Residential
3,522
Single Family
3,522
Multi-Family
0
Businesses
159
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Listed by: Linda Barth • Coldwell Banker Professionals
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50178033
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.