425 N Chicago StLitchfieldMI49252
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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 Litchfield at 425 N Chicago St, Litchfield, MI, 49252 offers a 9.35% rental yield on a $164,900 purchase with $1,285/mo rent. Total monthly income registers $1,285/mo, and a $807/mo payment leaves $198/mo available for distribution. Annual cash flow reaches $2,372/yr on $54,664 to close, and return on cash invested stands at 24.25% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 126.69% and total cumulative return in cash at $69,256. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,285/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1934
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49252, Litchfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 847 (72.8%) |
| Renter Occupied HU | 257 (22.1%) |
| Vacant Housing Units | 59 ( 5.1%) |
| Median Home Value | $150,107 |
| Average Home Value | $184,383 |
Housing Distribution
Address Breakdown
Residential
1,040
Single Family
1,016
Multi-Family
24
Businesses
79
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Listed by: Melissa Stanton • Coldwell Banker Groves Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25002345
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.