4829 South StGagetownMI48735
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 Gagetown at 4829 South St, Gagetown, MI, 48735 with 5% annual appreciation on a $119,900 basis while $928/mo rent supports operations. Total monthly income totals $928/mo and a $587/mo payment preserves $137/mo for cash returns. Annual cash flow comes to $1,646/yr on $39,747 deployed, and return on cash invested reaches 24.05% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 9.29%. Five-year ROI measures 125.68% and total cumulative return in cash totals $49,956.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $928/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48735, Gagetown, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 394 (100%) |
| Owner Occupied HU | 282 (71.6%) |
| Renter Occupied HU | 58 (14.7%) |
| Vacant Housing Units | 54 (13.7%) |
| Median Home Value | $171,053 |
| Average Home Value | $230,443 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
299
Multi-Family
12
Businesses
13
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