517 Cherry StStandishMI48658
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 Standish at 517 Cherry St, Standish, MI, 48658 priced at $199,900 pairs $1,518/mo rent with $200/mo cash flow after a $978/mo payment. Total monthly income equals $1,518/mo, and annual cash flow comes to $2,402/yr on $66,267 invested. Return on cash invested is 23.53% in year one, and rental yield stands at 9.11% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 122.87% and total cumulative return in cash reaches $81,421. For financing, Ziffy Mortgage’s DSCR program evaluates $1,518/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
10,152 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48658, Standish, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,527 (100%) |
| Owner Occupied HU | 1,649 (65.3%) |
| Renter Occupied HU | 472 (18.7%) |
| Vacant Housing Units | 406 (16.1%) |
| Median Home Value | $135,972 |
| Average Home Value | $163,014 |
Housing Distribution
Address Breakdown
Residential
2,119
Single Family
1,956
Multi-Family
163
Businesses
272
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices