729 Clark St APT 5TecumsehMI49286
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
Investment property for sale in Tecumseh at 729 Clark St APT 5, Tecumseh, MI, 49286 at $188,900 posts ROI 21.94% with $106/mo cash flow from $1,602/mo rent. Total monthly income equals $1,602/mo, and annual cash flow records $1,270/yr on $62,620 to close. Return on cash invested measures 21.94% and rental yield reads 10.18% at the current $188,900. Equity gained on principal adds $1,219/yr, and 5% annual appreciation supports $52,190 by year five. Five-year ROI prints 115.98% and total cumulative return in cash totals $72,627.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,602/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1988
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49286, Tecumseh, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,681 (100%) |
| Owner Occupied HU | 5,228 (78.3%) |
| Renter Occupied HU | 1,085 (16.2%) |
| Vacant Housing Units | 368 ( 5.5%) |
| Median Home Value | $242,452 |
| Average Home Value | $272,261 |
Housing Distribution
Address Breakdown
Residential
6,441
Single Family
6,049
Multi-Family
392
Businesses
453
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Nearby investment properties with comparable prices
Listed by: April Gunder • Howard Hanna Real Estate Services-Tecumseh
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50166214
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