3750 Banner RdSaint JohnsMI48879
Nearby investment properties with comparable rents
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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 Saint Johns at 3750 Banner Rd, Saint Johns, MI, 48879 uses $110,390 cash to close to unlock $2,015/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $2,364/mo, and a $1,630/mo payment keeps the spread at $168/mo. Purchase price stands at $333,000, and rental yield measures 8.52% with $2,364/mo rent. Return on cash invested shows 21.73% in year one, and 5% annual appreciation builds toward $92,002 over five years. Five-year ROI reaches 113.16% and total cumulative return in cash records $124,913. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,364/mo property income covering a $1,630/mo payment rather than investor’s personal income.
Single Family
Built in 2001
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48879, Saint Johns, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,734 (100%) |
| Owner Occupied HU | 5,988 (77.4%) |
| Renter Occupied HU | 1,368 (17.7%) |
| Vacant Housing Units | 378 ( 4.9%) |
| Median Home Value | $246,160 |
| Average Home Value | $285,008 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
7,031
Multi-Family
405
Businesses
521
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Listed by: Kori Shook • Kori Shook & Associates
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50174195
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