721 E Broad St, Chesaning, MI, 48616 | 7.56% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1558 sft

12139 Ulmer Rd, Birch Run, MI, 48415

3 Bed
1 Bath
960 sft

19465 Grabowski Rd, Saint Charles, MI, 48655

3 Bed
1 Bath
915 sft

105 Washington St, Clio, MI, 48420

2 Bed
2 Bath
1719 sft

1004 N Ball St, Owosso, MI, 48867

Nearby investment properties with comparable prices

2 Bed
3 Bath
2311 sft

18 Thornapple Ct, Saginaw, MI, 48603

3 Bed
2 Bath
1586 sft

1491 Van Wagoner Dr, Saginaw, MI, 48638

4 Bed
3 Bath
2306 sft

6327 Paddock Ln, Saginaw, MI, 48603

3 Bed
1 Bath
2316 sft

3280 Dixie Ct, Saginaw, MI, 48601

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Chesaning at 721 E Broad St, Chesaning, MI, 48616 earns from $1,626/mo rent with a $1,263/mo payment. Total monthly income totals $1,626/mo. ROI tracks 18.85% on current figures, and rental yield reads 7.56% at a $258,000 purchase. Equity gained on principal adds $1,665/yr, and 5% annual appreciation supports $71,281 over five years. Five-year ROI reaches 97.73% and total cumulative return in cash sums $83,582. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,626/mo property income instead of your personal income.

Single Family

Built in 1953

0.28 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48616, Chesaning, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,089 (100%)
Owner Occupied HU	2,481 (80.3%)
Renter Occupied HU	442 (14.3%)
Vacant Housing Units	166 ( 5.4%)
Median Home Value	$183,597
Average Home Value	$214,572