61840 Bayshore DrSturgisMI49091
Nearby investment properties with comparable rents
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 Sturgis at 61840 Bayshore Dr, Sturgis, MI, 49091 earns from $2,720/mo rent with a $3,181/mo payment. Total monthly income totals $2,720/mo. ROI tracks 11.1% on current figures, and rental yield reads 5.02% at a $649,900 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,555 over five years. Five-year ROI reaches 56.18% and total cumulative return in cash sums $120,114. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,720/mo property income instead of your personal income.
Single Family
Built in 1984
0.33 Acres lot
$N/A/sqft
$368 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49091, Sturgis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,734 (100%) |
| Owner Occupied HU | 5,515 (63.1%) |
| Renter Occupied HU | 2,168 (24.8%) |
| Vacant Housing Units | 1,051 (12.0%) |
| Median Home Value | $184,271 |
| Average Home Value | $220,724 |
Housing Distribution
Address Breakdown
Residential
8,139
Single Family
7,258
Multi-Family
881
Businesses
611
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