80 Jerome StMonroeMI48161
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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
Rental property for sale in Monroe at 80 Jerome St, Monroe, MI, 48161 priced at $597,870 pairs $1,224/mo rent with after a $2,926/mo payment. Total monthly income equals $1,224/mo. Return on cash invested is 3.48% in year one, and rental yield stands at 2.46% on a $597,870 basis. Equity gained on principal adds $3,858/yr, and 5% annual appreciation accumulates to $165,180 by year five. Five-year ROI measures 15.23% and total cumulative return in cash reaches $29,955. For financing, Ziffy Mortgage’s DSCR program evaluates $1,224/mo property income against a $2,926/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in 1947
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48161, Monroe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,644 (100%) |
| Owner Occupied HU | 7,882 (67.7%) |
| Renter Occupied HU | 3,086 (26.5%) |
| Vacant Housing Units | 676 ( 5.8%) |
| Median Home Value | $208,509 |
| Average Home Value | $247,595 |
Housing Distribution
Address Breakdown
Residential
10,812
Single Family
10,329
Multi-Family
483
Businesses
910
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