9077 Michigan AveSaint HelenMI48656
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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 Helen at 9077 Michigan Ave, Saint Helen, MI, 48656 earns $1,310/mo cash flow from $2,464/mo rent with a $857/mo payment. Total monthly income totals $2,464/mo, and annual cash flow totals $15,714/yr on $58,013 capital. ROI tracks 47% on current figures, and rental yield reads 16.9% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 248.65% and total cumulative return in cash sums $144,247. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,464/mo property income instead of your personal income.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48656, Saint Helen, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,748 (100%) |
| Owner Occupied HU | 1,657 (44.2%) |
| Renter Occupied HU | 312 ( 8.3%) |
| Vacant Housing Units | 1,779 (47.5%) |
| Median Home Value | $123,157 |
| Average Home Value | $172,382 |
Housing Distribution
Address Breakdown
Residential
2,300
Single Family
2,293
Multi-Family
7
Businesses
91
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Nearby investment properties with comparable prices
Listed by: Kyle Allen • AMBASSADOR REAL ESTATE
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1926518
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.