808 Joyce Ln, Saint Johns, MI, 48879 | 7.62% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,286/mo, and a $1,762/mo payment. Purchase price stands at $359,900, and rental yield measures 7.62% with $2,286/mo rent. Return on cash invested shows 19.03% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 98.67% and total cumulative return in cash records $117,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,286/mo property income covering a $1,762/mo payment rather than investor’s personal income.

Condo

Built in 2026

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48879, Saint Johns, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,734 (100%)
Owner Occupied HU	5,988 (77.4%)
Renter Occupied HU	1,368 (17.7%)
Vacant Housing Units	378 ( 4.9%)
Median Home Value	$246,160
Average Home Value	$285,008