553 E Sharpsteen StSebewaingMI48759
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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 Sebewaing at 553 E Sharpsteen St, Sebewaing, MI, 48759 offers $1,066/mo rent that, after a $783/mo payment, leaves $11/mo cash flow. Total monthly income is $1,066/mo, and annual cash flow is $134/yr on $53,007 cash. Return on cash invested measures 20.16% in year one, and rental yield stands at 8% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 104.81% and total cumulative return in cash reaches $55,554. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,066/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48759, Sebewaing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 1,151 (68.8%) |
| Renter Occupied HU | 250 (14.9%) |
| Vacant Housing Units | 272 (16.3%) |
| Median Home Value | $126,151 |
| Average Home Value | $168,093 |
Housing Distribution
Address Breakdown
Residential
1,497
Single Family
1,431
Multi-Family
66
Businesses
100
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