82078 North StColomaMI49038
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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 Coloma at 82078 North St, Coloma, MI, 49038 generates $1,123/mo in rent and, after a $712/mo payment, leaves $164/mo in cash flow. Total monthly income is $1,123/mo, and annual cash flow is $1,964/yr on $48,233 invested. Return on cash invested sits at 23.98% in year one, and rental yield is 9.26% on a $145,500 entry. Equity gained on principal adds $939/yr, while 5% annual appreciation builds toward $40,199 over five years. Five-year ROI reaches 125.24% and total cumulative return in cash sums $60,405. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,123/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49038, Coloma, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,920 (100%) |
| Owner Occupied HU | 2,972 (60.4%) |
| Renter Occupied HU | 747 (15.2%) |
| Vacant Housing Units | 1,201 (24.4%) |
| Median Home Value | $225,884 |
| Average Home Value | $297,148 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,279
Multi-Family
0
Businesses
233
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