505 Euclid StSaint JohnsMI48879
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 Johns at 505 Euclid St, Saint Johns, MI, 48879 earns $449/mo cash flow from $2,044/mo rent with a $1,184/mo payment. Total monthly income totals $2,044/mo, and annual cash flow totals $5,383/yr on $80,223 capital. ROI tracks 26.62% on current figures, and rental yield reads 10.14% at a $242,000 purchase. Equity gained on principal adds $1,562/yr, and 5% annual appreciation supports $66,860 over five years. Five-year ROI reaches 139.39% and total cumulative return in cash sums $111,822. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,044/mo property income instead of your personal income.
Single Family
Built in 1920
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48879, Saint Johns, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,734 (100%) |
| Owner Occupied HU | 5,988 (77.4%) |
| Renter Occupied HU | 1,368 (17.7%) |
| Vacant Housing Units | 378 ( 4.9%) |
| Median Home Value | $246,160 |
| Average Home Value | $285,008 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
7,031
Multi-Family
405
Businesses
521
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kari Dickenson • RE/MAX Real Estate Professionals Dewitt
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #292309
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS