564 Elm StVermontvilleMI49096
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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 Vermontville at 564 Elm St, Vermontville, MI, 49096 earns $138/mo cash flow from $999/mo rent with a $639/mo payment. Total monthly income totals $999/mo, and annual cash flow totals $1,658/yr on $43,261 capital. ROI tracks 23.74% on current figures, and rental yield reads 9.19% at a $130,500 purchase. Equity gained on principal adds $842/yr, and 5% annual appreciation supports $36,055 over five years. Five-year ROI reaches 124.03% and total cumulative return in cash sums $53,656. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $999/mo property income instead of your personal income.
Manufactured
Built in 2004
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49096, Vermontville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 1,002 (80.8%) |
| Renter Occupied HU | 164 (13.2%) |
| Vacant Housing Units | 74 ( 6.0%) |
| Median Home Value | $253,727 |
| Average Home Value | $293,565 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,184
Multi-Family
16
Businesses
36
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Listed by: Al L Morehart • Coldwell Banker Morehart Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #24063650
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.