610 Maple StSaint LouisMI48880
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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 Saint Louis at 610 Maple St, Saint Louis, MI, 48880 with 5% annual appreciation on a $119,900 basis while $940/mo rent supports operations. Total monthly income totals $940/mo and a $587/mo payment preserves $149/mo for cash returns. Annual cash flow comes to $1,790/yr on $39,747 deployed, and return on cash invested reaches 24.41% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 9.41%. Five-year ROI measures 127.65% and total cumulative return in cash totals $50,736.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $940/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48880, Saint Louis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 2,138 (70.3%) |
| Renter Occupied HU | 655 (21.5%) |
| Vacant Housing Units | 249 ( 8.2%) |
| Median Home Value | $155,172 |
| Average Home Value | $183,709 |
Housing Distribution
Address Breakdown
Residential
2,909
Single Family
2,809
Multi-Family
100
Businesses
192
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Listed by: Savanah Wood • RE/MAX Real Estate Professionals Dewitt
Mls Name: Greater Lansing AOR
Mls ID: #292999