913 E Lewis StWhitehallMI49461
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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 Whitehall at 913 E Lewis St, Whitehall, MI, 49461 generates $2,552/mo in rent and, after a $1,321/mo payment, leaves $772/mo in cash flow. Total monthly income is $2,552/mo, and annual cash flow is $9,266/yr on $89,472 invested. Return on cash invested sits at 30.27% in year one, and rental yield is 11.35% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 158.94% and total cumulative return in cash sums $142,206. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,552/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49461, Whitehall, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,152 (100%) |
| Owner Occupied HU | 3,114 (75.0%) |
| Renter Occupied HU | 533 (12.8%) |
| Vacant Housing Units | 505 (12.2%) |
| Median Home Value | $262,468 |
| Average Home Value | $328,917 |
Housing Distribution
Address Breakdown
Residential
4,150
Single Family
3,978
Multi-Family
172
Businesses
272
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