407 S Main StLelandMI49654
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 Leland at 407 S Main St, Leland, MI, 49654 at $1,630,100 posts ROI 2.16% with from $2,736/mo rent. Total monthly income equals $2,736/mo. Return on cash invested measures 2.16% and rental yield reads 2.01% at the current $1,630,100. Equity gained on principal adds $10,519/yr, and 5% annual appreciation supports $450,367 by year five. Five-year ROI prints 8.11% and total cumulative return in cash totals $42,849. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,736/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49654, Leland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 735 (100%) |
| Owner Occupied HU | 300 (40.8%) |
| Renter Occupied HU | 24 ( 3.3%) |
| Vacant Housing Units | 411 (55.9%) |
| Median Home Value | $643,382 |
| Average Home Value | $807,108 |
Housing Distribution
Address Breakdown
Residential
86
Single Family
86
Multi-Family
0
Businesses
82
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