398 S Main StVermontvilleMI49096
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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 Vermontville at 398 S Main St, Vermontville, MI, 49096 with 5% annual appreciation on a $199,000 basis while $2,024/mo rent supports operations. Total monthly income totals $2,024/mo and a $974/mo payment preserves $712/mo for cash returns. Annual cash flow comes to $8,540/yr on $65,969 deployed, and return on cash invested reaches 32.86% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 12.21%. Five-year ROI measures 172.82% and total cumulative return in cash totals $114,006.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,024/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49096, Vermontville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 1,002 (80.8%) |
| Renter Occupied HU | 164 (13.2%) |
| Vacant Housing Units | 74 ( 6.0%) |
| Median Home Value | $253,727 |
| Average Home Value | $293,565 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,184
Multi-Family
16
Businesses
36
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Listed by: Tawni Makley • Freshwater Properties
Mls Name: MichRIC
Mls Provider:
Mls ID: #25051183
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.