774 Ralston RdColonMI49040
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 Colon at 774 Ralston Rd, Colon, MI, 49040 at $379,000 posts ROI 17.52% with from $2,249/mo rent. Total monthly income equals $2,249/mo. Return on cash invested measures 17.52% and rental yield reads 7.12% at the current $379,000. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 by year five. Five-year ROI prints 90.56% and total cumulative return in cash totals $113,783. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,249/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
2.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49040, Colon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,797 (100%) |
| Owner Occupied HU | 1,063 (59.2%) |
| Renter Occupied HU | 256 (14.2%) |
| Vacant Housing Units | 478 (26.6%) |
| Median Home Value | $200,926 |
| Average Home Value | $263,335 |
Housing Distribution
Address Breakdown
Residential
1,380
Single Family
1,380
Multi-Family
0
Businesses
57
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