710 Chesaning StSaint CharlesMI48655
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
Rental property for sale in Saint Charles at 710 Chesaning St, Saint Charles, MI, 48655 priced at $174,900 pairs $1,412/mo rent with $259/mo cash flow after a $856/mo payment. Total monthly income equals $1,412/mo, and annual cash flow comes to $3,104/yr on $57,979 invested. Return on cash invested is 25.26% in year one, and rental yield stands at 9.69% on a $174,900 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,322 by year five. Five-year ROI measures 132.11% and total cumulative return in cash reaches $76,596. For financing, Ziffy Mortgage’s DSCR program evaluates $1,412/mo property income against a $856/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48655, Saint Charles, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,516 (100%) |
| Owner Occupied HU | 2,056 (81.7%) |
| Renter Occupied HU | 314 (12.5%) |
| Vacant Housing Units | 146 ( 5.8%) |
| Median Home Value | $204,050 |
| Average Home Value | $235,154 |
Housing Distribution
Address Breakdown
Residential
2,502
Single Family
2,502
Multi-Family
0
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Greskowiak • Century 21 Signature Realty
Mls Name: MiRealSource
Mls ID: #50190549