947 W Main StMiddlevilleMI49333
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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 Middleville at 947 W Main St, Middleville, MI, 49333 uses $91,163 cash to close to unlock $1,074/yr annual cash flow and $90/mo monthly cash flow. Total monthly income runs $1,903/mo, and a $1,346/mo payment keeps the spread at $90/mo. Purchase price stands at $275,000, and rental yield measures 8.3% with $1,903/mo rent. Return on cash invested shows 21.09% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 109.73% and total cumulative return in cash records $100,031. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,903/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49333, Middleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,474 (100%) |
| Owner Occupied HU | 4,393 (80.3%) |
| Renter Occupied HU | 717 (13.1%) |
| Vacant Housing Units | 364 ( 6.6%) |
| Median Home Value | $317,795 |
| Average Home Value | $363,773 |
Housing Distribution
Address Breakdown
Residential
5,147
Single Family
4,969
Multi-Family
178
Businesses
199
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Listed by: Marci Terryn • Anchor Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25015771
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.