42294 Willson Memorial DrChassellMI49916
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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 Chassell at 42294 Willson Memorial Dr, Chassell, MI, 49916 earns $902/mo cash flow from $2,880/mo rent with a $1,468/mo payment. Total monthly income totals $2,880/mo, and annual cash flow totals $10,826/yr on $99,417 capital. ROI tracks 30.8% on current figures, and rental yield reads 11.52% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 161.81% and total cumulative return in cash sums $160,864. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,880/mo property income instead of your personal income.
Single Family
Built in 1952
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49916, Chassell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,667 (100%) |
| Owner Occupied HU | 1,072 (64.3%) |
| Renter Occupied HU | 179 (10.7%) |
| Vacant Housing Units | 416 (25.0%) |
| Median Home Value | $244,922 |
| Average Home Value | $274,466 |
Housing Distribution
Address Breakdown
Residential
1,004
Single Family
974
Multi-Family
30
Businesses
51
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