703 Wilson AveSturgisMI49091
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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
Rental property for sale in Sturgis at 703 Wilson Ave, Sturgis, MI, 49091 generates $2,299/mo in rent and, after a $1,174/mo payment, leaves $717/mo in cash flow. Total monthly income is $2,299/mo, and annual cash flow is $8,606/yr on $79,527 invested. Return on cash invested sits at 30.73% in year one, and rental yield is 11.5% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 161.45% and total cumulative return in cash sums $128,395. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,299/mo property income rather than buyer’s personal income.
Single Family
Built in 1923
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49091, Sturgis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,734 (100%) |
| Owner Occupied HU | 5,515 (63.1%) |
| Renter Occupied HU | 2,168 (24.8%) |
| Vacant Housing Units | 1,051 (12.0%) |
| Median Home Value | $184,271 |
| Average Home Value | $220,724 |
Housing Distribution
Address Breakdown
Residential
8,139
Single Family
7,258
Multi-Family
881
Businesses
611
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