404 Herbert StBlanchardMI49310
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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 Blanchard at 404 Herbert St, Blanchard, MI, 49310 uses $48,797 cash to close to unlock $4,197/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $1,320/mo, and a $720/mo payment keeps the spread at $350/mo. Purchase price stands at $147,200, and rental yield measures 10.76% with $1,320/mo rent. Return on cash invested shows 28.51% in year one, and 5% annual appreciation builds toward $40,669 over five years. Five-year ROI reaches 149.52% and total cumulative return in cash records $72,963. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,320/mo property income covering a $720/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49310, Blanchard, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 1,009 (81.8%) |
| Renter Occupied HU | 112 ( 9.1%) |
| Vacant Housing Units | 113 ( 9.2%) |
| Median Home Value | $195,192 |
| Average Home Value | $230,580 |
Housing Distribution
Address Breakdown
Residential
1,109
Single Family
1,109
Multi-Family
0
Businesses
48
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