947 Catholic Church RdLeslieMI49251
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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 Leslie at 947 Catholic Church Rd, Leslie, MI, 49251 listed at $279,000 pairs $2,372/mo rent with a $1,366/mo payment to leave $532/mo cash flow. Total monthly income runs $2,372/mo, and annual cash flow reaches $6,380/yr on $92,489 cash to close. Return on cash invested measures 26.81% in year one, and rental yield registers 10.2% at a $279,000 basis. Equity gained on principal adds $1,800/yr, and annual property appreciation at 5% supports $77,083 by year five. Five-year ROI tracks 140.38% and total cumulative return in cash totals $129,835. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,372/mo property income relative to a $1,366/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1870
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49251, Leslie, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 2,147 (81.6%) |
| Renter Occupied HU | 342 (13.0%) |
| Vacant Housing Units | 141 ( 5.4%) |
| Median Home Value | $241,615 |
| Average Home Value | $265,642 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,274
Multi-Family
31
Businesses
117
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