810 S Constantine StThree RiversMI49093
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 Three Rivers at 810 S Constantine St, Three Rivers, MI, 49093 uses $49,626 cash to close to unlock $16,950/yr annual cash flow and $1,413/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $733/mo payment keeps the spread at $1,413/mo. Purchase price stands at $149,700, and rental yield measures 19.24% with $2,400/mo rent. Return on cash invested shows 54.06% in year one, and 5% annual appreciation builds toward $41,359 over five years. Five-year ROI reaches 286.59% and total cumulative return in cash records $142,220. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $733/mo payment rather than investor’s personal income.
Single Family
Built in 1900
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49093, Three Rivers, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,443 (100%) |
| Owner Occupied HU | 5,489 (65.0%) |
| Renter Occupied HU | 1,816 (21.5%) |
| Vacant Housing Units | 1,138 (13.5%) |
| Median Home Value | $186,504 |
| Average Home Value | $233,407 |
Housing Distribution
Address Breakdown
Residential
8,248
Single Family
7,525
Multi-Family
723
Businesses
613
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherrie M Nowicki • RE/MAX Elite Group T.R.
Mls Name: MichRIC
Mls ID: #25056210