67234 Blue School RdConstantineMI49042
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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 Constantine at 67234 Blue School Rd, Constantine, MI, 49042 offers a 8.35% rental yield on a $394,900 purchase with $2,749/mo rent. Total monthly income registers $2,749/mo, and a $1,933/mo payment leaves $145/mo available for distribution. Annual cash flow reaches $1,736/yr on $130,909 to close, and return on cash invested stands at 21.24% in year one. Equity gained on principal adds $2,548/yr while 5% annual appreciation supports $109,104 over five years. Portfolio math shows five-year ROI at 110.49% and total cumulative return in cash at $144,647. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,749/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49042, Constantine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,007 (100%) |
| Owner Occupied HU | 1,521 (75.8%) |
| Renter Occupied HU | 321 (16.0%) |
| Vacant Housing Units | 165 ( 8.2%) |
| Median Home Value | $169,756 |
| Average Home Value | $200,357 |
Housing Distribution
Address Breakdown
Residential
1,916
Single Family
1,829
Multi-Family
87
Businesses
106
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Listed by: Rich Carpenter • Bright Star Realty & Auction LLC
Mls Name: MichRIC
Mls ID: #25042081