516 3rd StMiddlevilleMI49333
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 Middleville at 516 3rd St, Middleville, MI, 49333 earns $38/mo cash flow from $1,554/mo rent with a $1,125/mo payment. Total monthly income totals $1,554/mo, and annual cash flow totals $458/yr on $76,216 capital. ROI tracks 20.51% on current figures, and rental yield reads 8.11% at a $229,914 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,521 over five years. Five-year ROI reaches 106.64% and total cumulative return in cash sums $81,280. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,554/mo property income instead of your personal income.
Single Family
Built in 1940
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49333, Middleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,474 (100%) |
| Owner Occupied HU | 4,393 (80.3%) |
| Renter Occupied HU | 717 (13.1%) |
| Vacant Housing Units | 364 ( 6.6%) |
| Median Home Value | $317,795 |
| Average Home Value | $363,773 |
Housing Distribution
Address Breakdown
Residential
5,147
Single Family
4,969
Multi-Family
178
Businesses
199
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Nearby investment properties with comparable prices
Listed by: Jason Veenstra • eXp Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25024911
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.