7400 Lindsey RdChinaMI48054
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 China at 7400 Lindsey Rd, China, MI, 48054 priced at $308,000 converts $3,300/mo rent into $1,268/mo cash flow after a $1,508/mo obligation. Total monthly income equals $3,300/mo, and annual cash flow totals $15,221/yr on $102,102 invested. Return on cash invested prints 34.82% in year one, and rental yield reads 12.86% against a $308,000 entry. Equity gained on principal adds $1,987/yr, while 5% annual appreciation compiles into $85,095 by year five. Five-year ROI reaches 183.34% and total cumulative return in cash sums $187,192. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,300/mo property income covering a $1,508/mo payment, not borrower’s personal income.
Single Family
Built in 1989
3.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48054, East China, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,143 (100%) |
| Owner Occupied HU | 2,593 (82.5%) |
| Renter Occupied HU | 349 (11.1%) |
| Vacant Housing Units | 201 ( 6.4%) |
| Median Home Value | $318,011 |
| Average Home Value | $350,303 |
Housing Distribution
Address Breakdown
Residential
3,101
Single Family
2,930
Multi-Family
171
Businesses
105
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Listed by: Mark Ellis • Real Estate One Port Huron
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50154713
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