4350 W Laporte RdSaint LouisMI48880
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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 Saint Louis at 4350 W Laporte Rd, Saint Louis, MI, 48880 listed at $275,000 pairs $2,018/mo rent with a $1,346/mo payment to leave $205/mo cash flow. Total monthly income runs $2,018/mo, and annual cash flow reaches $2,454/yr on $91,163 cash to close. Return on cash invested measures 22.6% in year one, and rental yield registers 8.81% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 117.84% and total cumulative return in cash totals $107,423. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,018/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
11.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48880, Saint Louis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 2,138 (70.3%) |
| Renter Occupied HU | 655 (21.5%) |
| Vacant Housing Units | 249 ( 8.2%) |
| Median Home Value | $155,172 |
| Average Home Value | $183,709 |
Housing Distribution
Address Breakdown
Residential
2,909
Single Family
2,809
Multi-Family
100
Businesses
192
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Listed by: Dave Feger • EXP REALTY LLC
Mls Name: NGLRMLS
Mls ID: #1939933