672 Mildred StGalesburgMI49053
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Galesburg at 672 Mildred St, Galesburg, MI, 49053 at $265,000 posts ROI 25.41% with $403/mo cash flow from $2,165/mo rent. Total monthly income equals $2,165/mo, and annual cash flow records $4,832/yr on $87,848 to close. Return on cash invested measures 25.41% and rental yield reads 9.8% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 132.94% and total cumulative return in cash totals $116,787.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,165/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49053, Galesburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,870 (100%) |
| Owner Occupied HU | 2,333 (81.3%) |
| Renter Occupied HU | 434 (15.1%) |
| Vacant Housing Units | 103 ( 3.6%) |
| Median Home Value | $281,479 |
| Average Home Value | $302,628 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,741
Multi-Family
111
Businesses
159
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