915 S Division StWhitehallMI49461
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 915 S Division St, Whitehall, MI, 49461 priced at $269,900 pairs $2,093/mo rent with $313/mo cash flow after a $1,321/mo payment. Total monthly income equals $2,093/mo, and annual cash flow comes to $3,758/yr on $89,472 invested. Return on cash invested is 24.11% in year one, and rental yield stands at 9.31% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 125.95% and total cumulative return in cash reaches $112,686. For financing, Ziffy Mortgage’s DSCR program evaluates $2,093/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.34 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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