4913 Center 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
Rental property for sale in Gagetown at 4913 Center St, Gagetown, MI, 48735 offers $1,583/mo rent that, after a $580/mo payment, leaves $802/mo cash flow. Total monthly income is $1,583/mo, and annual cash flow is $9,621/yr on $39,250 cash. Return on cash invested measures 44.42% in year one, and rental yield stands at 16.04% at a $118,400 entry. Equity gained on principal adds $764/yr while 5% annual appreciation compounds into $32,712 by year five. Five-year ROI records 234.86% and total cumulative return in cash reaches $92,181. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,583/mo property income versus a $580/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
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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