704 Isham StOwossoMI48867
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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 Owosso at 704 Isham St, Owosso, MI, 48867 with 5% annual appreciation on a $125,000 basis while $980/mo rent supports operations. Total monthly income totals $980/mo and a $612/mo payment preserves $156/mo for cash returns. Annual cash flow comes to $1,866/yr on $41,438 deployed, and return on cash invested reaches 24.41% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.41%. Five-year ROI measures 127.61% and total cumulative return in cash totals $52,877.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $980/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48867, Owosso, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,293 (100%) |
| Owner Occupied HU | 8,382 (68.2%) |
| Renter Occupied HU | 3,189 (25.9%) |
| Vacant Housing Units | 722 ( 5.9%) |
| Median Home Value | $165,494 |
| Average Home Value | $198,462 |
Housing Distribution
Address Breakdown
Residential
11,929
Single Family
10,663
Multi-Family
1,266
Businesses
931
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