903 E State StSaint JohnsMI48879
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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 Saint Johns at 903 E State St, Saint Johns, MI, 48879 earns $179/mo cash flow from $1,029/mo rent with a $631/mo payment. Total monthly income totals $1,029/mo, and annual cash flow totals $2,144/yr on $42,764 capital. ROI tracks 24.92% on current figures, and rental yield reads 9.57% at a $129,000 purchase. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 over five years. Five-year ROI reaches 130.29% and total cumulative return in cash sums $55,717. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,029/mo property income instead of your personal income.
Single Family
Built in 1900
0.32 Acres 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 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
7,031
Multi-Family
405
Businesses
521
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Listed by: Jason A Mead • EXP Realty - Lansing
Mls Name: Greater Lansing AOR
Mls ID: #292068