6608 3rd StGagetownMI48735
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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 Gagetown at 6608 3rd St, Gagetown, MI, 48735 earns $519/mo cash flow from $1,505/mo rent with a $732/mo payment. Total monthly income totals $1,505/mo, and annual cash flow totals $6,226/yr on $49,559 capital. ROI tracks 32.47% on current figures, and rental yield reads 12.08% at a $149,500 purchase. Equity gained on principal adds $965/yr, and 5% annual appreciation supports $41,304 over five years. Five-year ROI reaches 170.76% and total cumulative return in cash sums $84,629. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,505/mo property income instead of your personal income.
Single Family
Built in 1965
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48735, Gagetown, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 394 (100%) |
| Owner Occupied HU | 282 (71.6%) |
| Renter Occupied HU | 58 (14.7%) |
| Vacant Housing Units | 54 (13.7%) |
| Median Home Value | $171,053 |
| Average Home Value | $230,443 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
299
Multi-Family
12
Businesses
13
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