507 Main StFentonMI48430
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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 Fenton at 507 Main St, Fenton, MI, 48430 offers a 7.78% rental yield on a $259,000 purchase with $1,680/mo rent. 51% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 101.28% and total cumulative return in cash at $86,956. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,680/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48430, Fenton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,916 (100%) |
| Owner Occupied HU | 12,868 (76.1%) |
| Renter Occupied HU | 3,053 (18.0%) |
| Vacant Housing Units | 995 ( 5.9%) |
| Median Home Value | $353,352 |
| Average Home Value | $414,915 |
Housing Distribution
Address Breakdown
Residential
16,904
Single Family
14,726
Multi-Family
2,178
Businesses
1,070
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