37 30th AveSearsMI49679
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 Sears at 37 30th Ave, Sears, MI, 49679 offers $3,845/mo rent that, after a $2,447/mo payment, leaves $548/mo cash flow. Total monthly income is $3,845/mo, and annual cash flow is $6,578/yr on $165,717 cash. Return on cash invested measures 23.88% in year one, and rental yield stands at 9.23% at a $499,900 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,113 by year five. Five-year ROI records 124.68% and total cumulative return in cash reaches $206,616. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,845/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
22.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49679, Sears, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 854 (100%) |
| Owner Occupied HU | 439 (51.4%) |
| Renter Occupied HU | 48 ( 5.6%) |
| Vacant Housing Units | 367 (43.0%) |
| Median Home Value | $186,638 |
| Average Home Value | $215,997 |
Housing Distribution
Address Breakdown
Residential
598
Single Family
598
Multi-Family
0
Businesses
14
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