410 N Lester StCapacMI48014
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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
Rental property for sale in Capac at 410 N Lester St, Capac, MI, 48014 priced at $199,000 pairs $1,615/mo rent with $303/mo cash flow after a $974/mo payment. Total monthly income equals $1,615/mo, and annual cash flow comes to $3,632/yr on $65,969 invested. Return on cash invested is 25.42% in year one, and rental yield stands at 9.74% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 132.93% and total cumulative return in cash reaches $87,690. For financing, Ziffy Mortgage’s DSCR program evaluates $1,615/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48014, Capac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,740 (100%) |
| Owner Occupied HU | 1,364 (78.4%) |
| Renter Occupied HU | 281 (16.1%) |
| Vacant Housing Units | 95 ( 5.5%) |
| Median Home Value | $220,342 |
| Average Home Value | $270,343 |
Housing Distribution
Address Breakdown
Residential
1,367
Single Family
1,190
Multi-Family
177
Businesses
103
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