719 Custer StMonroeMI48161
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 Monroe at 719 Custer St, Monroe, MI, 48161 priced at $216,900 pairs $1,937/mo rent with $506/mo cash flow after a $1,062/mo payment. Total monthly income equals $1,937/mo, and annual cash flow comes to $6,075/yr on $71,902 invested. Return on cash invested is 28.36% in year one, and rental yield stands at 10.72% on a $216,900 basis. Equity gained on principal adds $1,400/yr, and 5% annual appreciation accumulates to $59,925 by year five. Five-year ROI measures 148.75% and total cumulative return in cash reaches $106,954. For financing, Ziffy Mortgage’s DSCR program evaluates $1,937/mo property income against a $1,062/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1918
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48161, Monroe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,644 (100%) |
| Owner Occupied HU | 7,882 (67.7%) |
| Renter Occupied HU | 3,086 (26.5%) |
| Vacant Housing Units | 676 ( 5.8%) |
| Median Home Value | $208,509 |
| Average Home Value | $247,595 |
Housing Distribution
Address Breakdown
Residential
10,812
Single Family
10,329
Multi-Family
483
Businesses
910
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Listed by: Carrie Cartwright • Century 21 Allstar Real Estate Team, Inc
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50154528
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