9304 I Dr SCerescoMI49033
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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 Ceresco at 9304 I Dr S, Ceresco, MI, 49033 generates $2,432/mo in rent and, after a $1,591/mo payment, leaves $289/mo in cash flow. Total monthly income is $2,432/mo, and annual cash flow is $3,462/yr on $107,738 invested. Return on cash invested sits at 23.12% in year one, and rental yield is 8.98% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 120.62% and total cumulative return in cash sums $129,949. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,432/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49033, Ceresco, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 756 (100%) |
| Owner Occupied HU | 646 (85.4%) |
| Renter Occupied HU | 59 ( 7.8%) |
| Vacant Housing Units | 51 ( 6.7%) |
| Median Home Value | $264,220 |
| Average Home Value | $376,861 |
Housing Distribution
Address Breakdown
Residential
721
Single Family
721
Multi-Family
0
Businesses
13
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