557 Saline StPetersburgMI49270
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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
Investment property for sale in Petersburg at 557 Saline St, Petersburg, MI, 49270 uses $64,643 cash to close to unlock $5,730/yr annual cash flow and $478/mo monthly cash flow. Total monthly income runs $1,763/mo, and a $954/mo payment keeps the spread at $478/mo. Purchase price stands at $195,000, and rental yield measures 10.85% with $1,763/mo rent. Return on cash invested shows 28.77% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 150.96% and total cumulative return in cash records $97,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,763/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49270, Petersburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,402 (100%) |
| Owner Occupied HU | 2,100 (87.4%) |
| Renter Occupied HU | 219 ( 9.1%) |
| Vacant Housing Units | 83 ( 3.5%) |
| Median Home Value | $302,356 |
| Average Home Value | $317,695 |
Housing Distribution
Address Breakdown
Residential
2,356
Single Family
2,332
Multi-Family
24
Businesses
67
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Listed by: Jennifer Logan • Cornerstone Real Estate
Mls Name: MichRIC
Mls ID: #25048180