43 Arthur StManisteeMI49660
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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 Manistee at 43 Arthur St, Manistee, MI, 49660 at $345,000 posts ROI 20.76% with $82/mo cash flow from $2,357/mo rent. Total monthly income equals $2,357/mo, and annual cash flow records $978/yr on $114,368 to close. Return on cash invested measures 20.76% and rental yield reads 8.2% at the current $345,000. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 by year five. Five-year ROI prints 107.97% and total cumulative return in cash totals $123,484.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,357/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2002
32 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49660, Manistee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,992 (100%) |
| Owner Occupied HU | 4,804 (60.1%) |
| Renter Occupied HU | 1,471 (18.4%) |
| Vacant Housing Units | 1,717 (21.5%) |
| Median Home Value | $207,280 |
| Average Home Value | $266,764 |
Housing Distribution
Address Breakdown
Residential
6,703
Single Family
6,423
Multi-Family
280
Businesses
547
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