8478 E Michigan AveGalesburgMI49053
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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
Investment property for sale in Galesburg at 8478 E Michigan Ave, Galesburg, MI, 49053 listed at $105,000 pairs $1,432/mo rent with a $514/mo payment to leave $740/mo cash flow. Total monthly income runs $1,432/mo, and annual cash flow reaches $8,874/yr on $34,808 cash to close. Return on cash invested measures 45.4% in year one, and rental yield registers 16.37% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 240.16% and total cumulative return in cash totals $83,594. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,432/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49053, Galesburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,870 (100%) |
| Owner Occupied HU | 2,333 (81.3%) |
| Renter Occupied HU | 434 (15.1%) |
| Vacant Housing Units | 103 ( 3.6%) |
| Median Home Value | $281,479 |
| Average Home Value | $302,628 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,741
Multi-Family
111
Businesses
159
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