413 N Augusta DrAugustaMI49012
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 Augusta at 413 N Augusta Dr, Augusta, MI, 49012 at $217,000 posts ROI 32.34% with $745/mo cash flow from $2,179/mo rent. Total monthly income equals $2,179/mo, and annual cash flow records $8,942/yr on $71,936 to close. Return on cash invested measures 32.34% and rental yield reads 12.05% at the current $217,000. Equity gained on principal adds $1,400/yr, and 5% annual appreciation supports $59,953 by year five. Five-year ROI prints 170.09% and total cumulative return in cash totals $122,357.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,179/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49012, Augusta, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,412 (100%) |
| Owner Occupied HU | 1,172 (83.0%) |
| Renter Occupied HU | 159 (11.3%) |
| Vacant Housing Units | 81 ( 5.7%) |
| Median Home Value | $350,376 |
| Average Home Value | $446,826 |
Housing Distribution
Address Breakdown
Residential
1,501
Single Family
1,478
Multi-Family
23
Businesses
58
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