900 Elm StThree RiversMI49093
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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 Three Rivers at 900 Elm St, Three Rivers, MI, 49093 earns $546/mo cash flow from $2,970/mo rent with a $1,799/mo payment. Total monthly income totals $2,970/mo, and annual cash flow totals $6,555/yr on $121,826 capital. ROI tracks 25.29% on current figures, and rental yield reads 9.7% at a $367,500 purchase. Equity gained on principal adds $2,371/yr, and 5% annual appreciation supports $101,533 over five years. Five-year ROI reaches 132.26% and total cumulative return in cash sums $161,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,970/mo property income instead of your personal income.
Single Family
Built in 1955
0.57 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
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Listed by: Ambrosia R Adams • Chuck Jaqua, REALTOR
Mls Name: MichRIC
Mls ID: #25049083