5357 Monroe RdTiptonMI49287
Nearby investment properties with comparable rents
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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
Rental property for sale in Tipton at 5357 Monroe Rd, Tipton, MI, 49287 priced at $219,900 converts $1,364/mo rent into after a $1,076/mo obligation. Total monthly income equals $1,364/mo. Return on cash invested prints 18.5% in year one, and rental yield reads 7.44% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 95.84% and total cumulative return in cash sums $69,868. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,364/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1931
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49287, Tipton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 791 (77.5%) |
| Renter Occupied HU | 55 ( 5.4%) |
| Vacant Housing Units | 174 (17.1%) |
| Median Home Value | $324,185 |
| Average Home Value | $403,647 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
856
Multi-Family
0
Businesses
33
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Nearby investment properties with comparable prices
Listed by: Jeffrey Rising • Cornerstone Real Estate
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50168920
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