4996 E Main StGreenbushMI48738
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 Greenbush at 4996 E Main St, Greenbush, MI, 48738 offers $2,574/mo rent that, after a $1,468/mo payment, leaves $596/mo cash flow. Total monthly income is $2,574/mo, and annual cash flow is $7,154/yr on $99,417 cash. Return on cash invested measures 27.1% in year one, and rental yield stands at 10.3% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 142% and total cumulative return in cash reaches $141,172. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,574/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1976
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48738, Greenbush, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,364 (100%) |
| Owner Occupied HU | 481 (35.3%) |
| Renter Occupied HU | 55 ( 4.0%) |
| Vacant Housing Units | 828 (60.7%) |
| Median Home Value | $197,426 |
| Average Home Value | $244,740 |
Housing Distribution
Address Breakdown
Residential
707
Single Family
694
Multi-Family
13
Businesses
29
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Listed by: Kristie McCleary • Key Realty One LLC in Monroe
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50168730
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