63243 Storeyhill StVandaliaMI49095
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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 Vandalia at 63243 Storeyhill St, Vandalia, MI, 49095 generates $1,535/mo in rent, after a $2,374/mo payment. Total monthly income is $1,535/mo. Return on cash invested sits at 7.49% in year one, and rental yield is 3.8% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 36.8% and total cumulative return in cash sums $59,162. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,535/mo property income rather than buyer’s personal income.
Single Family
Built in 1924
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49095, Vandalia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 855 (56.1%) |
| Renter Occupied HU | 174 (11.4%) |
| Vacant Housing Units | 496 (32.5%) |
| Median Home Value | $275,586 |
| Average Home Value | $359,711 |
Housing Distribution
Address Breakdown
Residential
760
Single Family
760
Multi-Family
0
Businesses
26
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