639 State Rd, Vassar, MI, 48768 | 7.24% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Vassar at 639 State Rd, Vassar, MI, 48768 offers a 7.24% rental yield on a $179,000 purchase with $1,080/mo rent. 88% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 92.5% and total cumulative return in cash at $54,891. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1955

0.36 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48768, Vassar, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,109 (100%)
Owner Occupied HU	3,221 (78.4%)
Renter Occupied HU	623 (15.2%)
Vacant Housing Units	265 ( 6.4%)
Median Home Value	$157,940
Average Home Value	$187,573