610 S Front StChesaningMI48616
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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 Chesaning at 610 S Front St, Chesaning, MI, 48616 priced at $169,900 pairs $1,280/mo rent with $159/mo cash flow after a $832/mo payment. Total monthly income equals $1,280/mo, and annual cash flow comes to $1,910/yr on $56,322 invested. Return on cash invested is 23.3% in year one, and rental yield stands at 9.04% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 121.64% and total cumulative return in cash reaches $68,510. For financing, Ziffy Mortgage’s DSCR program evaluates $1,280/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48616, Chesaning, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,089 (100%) |
| Owner Occupied HU | 2,481 (80.3%) |
| Renter Occupied HU | 442 (14.3%) |
| Vacant Housing Units | 166 ( 5.4%) |
| Median Home Value | $183,597 |
| Average Home Value | $214,572 |
Housing Distribution
Address Breakdown
Residential
3,097
Single Family
2,991
Multi-Family
106
Businesses
215
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