640 N Madison StPerryMI48872
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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
Investment property for sale in Perry at 640 N Madison St, Perry, MI, 48872 at $234,900 posts ROI 12.66% with from $1,079/mo rent. Total monthly income equals $1,079/mo. Return on cash invested measures 12.66% and rental yield reads 5.51% at the current $234,900. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 by year five. Five-year ROI prints 64.52% and total cumulative return in cash totals $50,241. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,079/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48872, Perry, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,016 (100%) |
| Owner Occupied HU | 2,444 (81.0%) |
| Renter Occupied HU | 437 (14.5%) |
| Vacant Housing Units | 135 ( 4.5%) |
| Median Home Value | $255,785 |
| Average Home Value | $276,841 |
Housing Distribution
Address Breakdown
Residential
2,885
Single Family
2,885
Multi-Family
0
Businesses
106
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