430 Jefferson DrMichigan CenterMI49254
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
Rental property for sale in Michigan Center at 430 Jefferson Dr, Michigan Center, MI, 49254 generates $3,038/mo in rent and, after a $1,957/mo payment, leaves $401/mo in cash flow. Total monthly income is $3,038/mo, and annual cash flow is $4,814/yr on $132,567 invested. Return on cash invested sits at 23.54% in year one, and rental yield is 9.12% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 122.86% and total cumulative return in cash sums $162,872. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,038/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49254, Michigan Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,517 (100%) |
| Owner Occupied HU | 1,167 (76.9%) |
| Renter Occupied HU | 227 (15.0%) |
| Vacant Housing Units | 123 ( 8.1%) |
| Median Home Value | $208,133 |
| Average Home Value | $235,548 |
Housing Distribution
Address Breakdown
Residential
1,436
Single Family
1,432
Multi-Family
4
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Doug Beiswanger • Coldwell Banker Beiswanger Realty Group
Mls Name: MichRIC
Mls ID: #25055753