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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Get DSCR Mortgage Rate Quote
$1,999,500
6 bds5 ba2794sqft
389 Center St #1-2-3DouglasMI49406
1.08%
Gross Yield
-0.72%
ROI
$1,800/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale
Airbnb Potential
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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
Total monthly income runs $1,800/mo, and a $9,787/mo payment. Purchase price stands at $1,999,500, and rental yield measures 1.08% with $1,800/mo rent. Return on cash invested shows -0.72% in year one, and 5% annual appreciation builds toward $552,425 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $9,787/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49406, Douglas, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 950 (100%) |
| Owner Occupied HU | 532 (56.0%) |
| Renter Occupied HU | 87 ( 9.2%) |
| Vacant Housing Units | 331 (34.8%) |
| Median Home Value | $398,734 |
| Average Home Value | $557,721 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
158
Nearby investment properties with comparable rents
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Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved