6345 S Graham RdSaint CharlesMI48655
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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 Saint Charles at 6345 S Graham Rd, Saint Charles, MI, 48655 generates $1,145/mo in rent, after a $1,664/mo payment. Total monthly income is $1,145/mo. Return on cash invested sits at 8.23% in year one, and rental yield is 4.04% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 40.77% and total cumulative return in cash sums $45,935. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,145/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
5.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48655, Saint Charles, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,516 (100%) |
| Owner Occupied HU | 2,056 (81.7%) |
| Renter Occupied HU | 314 (12.5%) |
| Vacant Housing Units | 146 ( 5.8%) |
| Median Home Value | $204,050 |
| Average Home Value | $235,154 |
Housing Distribution
Address Breakdown
Residential
2,502
Single Family
2,502
Multi-Family
0
Businesses
114
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Listed by: Dean Boivin • RE/MAX New Image
Mls Name: MiRealSource
Mls ID: #50183244