4356 W Main StIronsMI49644
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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 Irons at 4356 W Main St, Irons, MI, 49644 with 5% annual appreciation on a $119,900 basis while $1,640/mo rent supports operations. Total monthly income totals $1,640/mo and a $587/mo payment preserves $849/mo for cash returns. Annual cash flow comes to $10,190/yr on $39,747 deployed, and return on cash invested reaches 45.55% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 16.41%. Five-year ROI measures 240.95% and total cumulative return in cash totals $95,772.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,640/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49644, Irons, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,027 (100%) |
| Owner Occupied HU | 890 (29.4%) |
| Renter Occupied HU | 78 ( 2.6%) |
| Vacant Housing Units | 2,059 (68.0%) |
| Median Home Value | $185,507 |
| Average Home Value | $223,949 |
Housing Distribution
Address Breakdown
Residential
1,182
Single Family
1,182
Multi-Family
0
Businesses
49
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