6215 Custer StSouth RockwoodMI48179
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 South Rockwood at 6215 Custer St, South Rockwood, MI, 48179 earns $28/mo cash flow from $1,610/mo rent with a $1,174/mo payment. Total monthly income totals $1,610/mo, and annual cash flow totals $338/yr on $79,527 capital. ROI tracks 20.33% on current figures, and rental yield reads 8.05% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 105.71% and total cumulative return in cash sums $84,067. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,610/mo property income instead of your personal income.
Single Family
Built in 1951
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48179, South Rockwood, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,463 (100%) |
| Owner Occupied HU | 1,085 (74.2%) |
| Renter Occupied HU | 296 (20.2%) |
| Vacant Housing Units | 82 ( 5.6%) |
| Median Home Value | $317,474 |
| Average Home Value | $348,190 |
Housing Distribution
Address Breakdown
Residential
1,349
Single Family
1,349
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah Burgett • Premiere Realty Group, LLC
Mls Name: MiRealSource
Mls ID: #50193162