513 Hill StThree RiversMI49093
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 Three Rivers at 513 Hill St, Three Rivers, MI, 49093 at $179,900 posts ROI 23.78% with $192/mo cash flow from $1,379/mo rent. Total monthly income equals $1,379/mo, and annual cash flow records $2,306/yr on $59,637 to close. Return on cash invested measures 23.78% and rental yield reads 9.2% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 124.17% and total cumulative return in cash totals $74,049.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,379/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1933
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49093, Three Rivers, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,443 (100%) |
| Owner Occupied HU | 5,489 (65.0%) |
| Renter Occupied HU | 1,816 (21.5%) |
| Vacant Housing Units | 1,138 (13.5%) |
| Median Home Value | $186,504 |
| Average Home Value | $233,407 |
Housing Distribution
Address Breakdown
Residential
8,248
Single Family
7,525
Multi-Family
723
Businesses
613
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rusty Gorter • Keller Williams Kalamazoo Market Center
Mls Name: MichRIC
Mls ID: #25060119