400 S Johnson StBay CityMI48708
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
Investment property for sale in Bay City at 400 S Johnson St, Bay City, MI, 48708 at $134,900 posts ROI 23.84% with $147/mo cash flow from $1,036/mo rent. Total monthly income equals $1,036/mo, and annual cash flow records $1,760/yr on $44,719 to close. Return on cash invested measures 23.84% and rental yield reads 9.22% at the current $134,900. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 by year five. Five-year ROI prints 124.52% and total cumulative return in cash totals $55,685.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,036/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48708, Bay City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,810 (100%) |
| Owner Occupied HU | 8,107 (63.3%) |
| Renter Occupied HU | 3,541 (27.6%) |
| Vacant Housing Units | 1,162 ( 9.1%) |
| Median Home Value | $113,877 |
| Average Home Value | $149,537 |
Housing Distribution
Address Breakdown
Residential
11,868
Single Family
10,701
Multi-Family
1,167
Businesses
829
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Listed by: Howard Diefenbach • Century 21 Signature Realty - Bay City
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50167203
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