701 S Elm StThree OaksMI49128
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 Three Oaks at 701 S Elm St, Three Oaks, MI, 49128 at $770,000 posts ROI 17.18% with from $4,471/mo rent. Total monthly income equals $4,471/mo. Return on cash invested measures 17.18% and rental yield reads 6.97% at the current $770,000. Equity gained on principal adds $4,969/yr, and 5% annual appreciation supports $212,737 by year five. Five-year ROI prints 88.73% and total cumulative return in cash totals $224,769. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,471/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49128, Three Oaks, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,088 (100%) |
| Owner Occupied HU | 1,284 (61.5%) |
| Renter Occupied HU | 234 (11.2%) |
| Vacant Housing Units | 570 (27.3%) |
| Median Home Value | $319,149 |
| Average Home Value | $402,960 |
Housing Distribution
Address Breakdown
Residential
1,742
Single Family
1,701
Multi-Family
41
Businesses
112
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Nearby investment properties with comparable prices
Listed by: Angella German • Coldwell Banker Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25017365
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.