470 Little AveCottrellvilleMI48039
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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 Cottrellville at 470 Little Ave, Cottrellville, MI, 48039 offers $1,633/mo rent that, after a $1,101/mo payment, leaves $129/mo cash flow. Total monthly income is $1,633/mo, and annual cash flow is $1,544/yr on $74,588 cash. Return on cash invested measures 21.98% in year one, and rental yield stands at 8.71% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 114.61% and total cumulative return in cash reaches $85,485. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,633/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
6,098 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48039, Marine City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,561 (100%) |
| Owner Occupied HU | 2,639 (74.1%) |
| Renter Occupied HU | 621 (17.4%) |
| Vacant Housing Units | 301 ( 8.5%) |
| Median Home Value | $239,461 |
| Average Home Value | $262,176 |
Housing Distribution
Address Breakdown
Residential
3,410
Single Family
3,266
Multi-Family
144
Businesses
292
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Listed by: Dee J Patsalis • Sine & Monaghan Realtors LLC St Clair
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50193508
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