42 E Elm StPetersburgMI49270
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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 Petersburg at 42 E Elm St, Petersburg, MI, 49270 priced at $262,700 pairs $2,343/mo rent with $608/mo cash flow after a $1,286/mo payment. Total monthly income equals $2,343/mo, and annual cash flow comes to $7,299/yr on $87,085 invested. Return on cash invested is 28.29% in year one, and rental yield stands at 10.7% on a $262,700 basis. Equity gained on principal adds $1,695/yr, and 5% annual appreciation accumulates to $72,579 by year five. Five-year ROI measures 148.38% and total cumulative return in cash reaches $129,217. For financing, Ziffy Mortgage’s DSCR program evaluates $2,343/mo property income against a $1,286/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1903
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49270, Petersburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,402 (100%) |
| Owner Occupied HU | 2,100 (87.4%) |
| Renter Occupied HU | 219 ( 9.1%) |
| Vacant Housing Units | 83 ( 3.5%) |
| Median Home Value | $302,356 |
| Average Home Value | $317,695 |
Housing Distribution
Address Breakdown
Residential
2,356
Single Family
2,332
Multi-Family
24
Businesses
67
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Listed by: N/A • N/A
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