545 W Main StCentrevilleMI49032
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 Centreville at 545 W Main St, Centreville, MI, 49032 offers a 9.17% rental yield on a $290,000 purchase with $2,216/mo rent. Total monthly income registers $2,216/mo, and a $1,419/mo payment leaves $304/mo available for distribution. Annual cash flow reaches $3,648/yr on $96,135 to close, and return on cash invested stands at 23.7% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 123.72% and total cumulative return in cash at $118,936. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,216/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49032, Centreville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 846 (75.8%) |
| Renter Occupied HU | 191 (17.1%) |
| Vacant Housing Units | 79 ( 7.1%) |
| Median Home Value | $215,546 |
| Average Home Value | $239,232 |
Housing Distribution
Address Breakdown
Residential
948
Single Family
896
Multi-Family
52
Businesses
124
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Nearby investment properties with comparable prices
Listed by: Michelle R Williams • Sunny Rae Realty, LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25018210
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.