703 E Columbia StMasonMI48854
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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 Mason at 703 E Columbia St, Mason, MI, 48854 uses $49,725 cash to close to unlock $2,364/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $1,186/mo, and a $734/mo payment keeps the spread at $197/mo. Purchase price stands at $150,000, and rental yield measures 9.49% with $1,186/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 128.86% and total cumulative return in cash records $64,074. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,186/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48854, Mason, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,950 (100%) |
| Owner Occupied HU | 6,261 (78.8%) |
| Renter Occupied HU | 1,385 (17.4%) |
| Vacant Housing Units | 304 ( 3.8%) |
| Median Home Value | $265,466 |
| Average Home Value | $287,694 |
Housing Distribution
Address Breakdown
Residential
8,001
Single Family
7,459
Multi-Family
542
Businesses
509
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