3644 Washington StSnoverMI48472
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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 Snover at 3644 Washington St, Snover, MI, 48472 earns $199/mo cash flow from $1,484/mo rent with a $954/mo payment. Total monthly income totals $1,484/mo, and annual cash flow totals $2,382/yr on $64,643 capital. ROI tracks 23.59% on current figures, and rental yield reads 9.13% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 123.17% and total cumulative return in cash sums $79,618. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,484/mo property income instead of your personal income.
Single Family
Built in 1917
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48472, Snover, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 810 (100%) |
| Owner Occupied HU | 599 (74.0%) |
| Renter Occupied HU | 93 (11.5%) |
| Vacant Housing Units | 118 (14.6%) |
| Median Home Value | $179,911 |
| Average Home Value | $262,233 |
Housing Distribution
Address Breakdown
Residential
690
Single Family
690
Multi-Family
0
Businesses
22
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