522 Walnut 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 522 Walnut St, Three Rivers, MI, 49093 listed at $193,000 pairs $1,496/mo rent with a $945/mo payment to leave $223/mo cash flow. Total monthly income runs $1,496/mo, and annual cash flow reaches $2,675/yr on $63,980 cash to close. Return on cash invested measures 24.09% in year one, and rental yield registers 9.3% at a $193,000 basis. Equity gained on principal adds $1,245/yr, and annual property appreciation at 5% supports $53,322 by year five. Five-year ROI tracks 125.81% and total cumulative return in cash totals $80,490. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,496/mo property income relative to a $945/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1943
7,840 sqft 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: Barbara Wagar Curley • Premier Properties of Southwest Michigan LLC
Mls Name: MichRIC
Mls ID: #25059341