608 E Frank StCaroMI48723
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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 Caro at 608 E Frank St, Caro, MI, 48723 at $128,800 posts ROI 24.41% with $160/mo cash flow from $1,009/mo rent. Total monthly income equals $1,009/mo, and annual cash flow records $1,920/yr on $42,697 to close. Return on cash invested measures 24.41% and rental yield reads 9.4% at the current $128,800. Equity gained on principal adds $831/yr, and 5% annual appreciation supports $35,585 by year five. Five-year ROI prints 127.62% and total cumulative return in cash totals $54,490.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,009/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48723, Caro, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,270 (100%) |
| Owner Occupied HU | 3,730 (70.8%) |
| Renter Occupied HU | 1,083 (20.6%) |
| Vacant Housing Units | 457 ( 8.7%) |
| Median Home Value | $147,264 |
| Average Home Value | $179,741 |
Housing Distribution
Address Breakdown
Residential
5,078
Single Family
4,873
Multi-Family
205
Businesses
460
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