4460 Terra LnSaint JosephMI49085
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
Investment property for sale in Saint Joseph at 4460 Terra Ln, Saint Joseph, MI, 49085 earns $621/mo cash flow from $3,259/mo rent with a $1,958/mo payment. Total monthly income totals $3,259/mo, and annual cash flow totals $7,452/yr on $132,600 capital. ROI tracks 25.53% on current figures, and rental yield reads 9.78% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 133.5% and total cumulative return in cash sums $177,016. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,259/mo property income instead of your personal income.
Single Family
Built in 1974
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49085, Saint Joseph, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,734 (100%) |
| Owner Occupied HU | 8,123 (69.2%) |
| Renter Occupied HU | 2,388 (20.4%) |
| Vacant Housing Units | 1,223 (10.4%) |
| Median Home Value | $316,036 |
| Average Home Value | $368,464 |
Housing Distribution
Address Breakdown
Residential
11,303
Single Family
10,112
Multi-Family
1,191
Businesses
1,141
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Listed by: Jamie Kastelic • @properties Christie's International R.E.
Mls Name: MichRIC
Mls Provider:
Mls ID: #24060327
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.