801 Terre Coupe StBuchananMI49107
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 Buchanan at 801 Terre Coupe St, Buchanan, MI, 49107 with 5% annual appreciation on a $119,900 basis while $1,419/mo rent supports operations. Total monthly income totals $1,419/mo and a $587/mo payment preserves $628/mo for cash returns. Annual cash flow comes to $7,538/yr on $39,747 deployed, and return on cash invested reaches 38.87% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 14.2%. Five-year ROI measures 205.18% and total cumulative return in cash totals $81,552.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,419/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49107, Buchanan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,615 (100%) |
| Owner Occupied HU | 3,148 (68.2%) |
| Renter Occupied HU | 868 (18.8%) |
| Vacant Housing Units | 599 (13.0%) |
| Median Home Value | $247,959 |
| Average Home Value | $345,785 |
Housing Distribution
Address Breakdown
Residential
4,492
Single Family
4,214
Multi-Family
278
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices