734 Fountain LnColdwaterMI49036
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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 Coldwater at 734 Fountain Ln, Coldwater, MI, 49036 uses $59,637 cash to close to unlock $638/yr annual cash flow and $53/mo monthly cash flow. Total monthly income runs $1,240/mo, and a $881/mo payment keeps the spread at $53/mo. Purchase price stands at $179,900, and rental yield measures 8.27% with $1,240/mo rent. Return on cash invested shows 20.98% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 109.18% and total cumulative return in cash records $65,109. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,240/mo property income covering a $881/mo payment rather than investor’s personal income.
Manufactured
Built in 1994
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49036, Coldwater, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,077 (100%) |
| Owner Occupied HU | 6,734 (55.8%) |
| Renter Occupied HU | 2,756 (22.8%) |
| Vacant Housing Units | 2,587 (21.4%) |
| Median Home Value | $166,465 |
| Average Home Value | $212,591 |
Housing Distribution
Address Breakdown
Residential
11,009
Single Family
10,036
Multi-Family
973
Businesses
866
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