S219 School StStephensonMI49887
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 Stephenson at S219 School St, Stephenson, MI, 49887 priced at $134,900 pairs $1,401/mo rent with $512/mo cash flow after a $660/mo payment. Total monthly income equals $1,401/mo, and annual cash flow comes to $6,140/yr on $44,719 invested. Return on cash invested is 33.64% in year one, and rental yield stands at 12.46% on a $134,900 basis. Equity gained on principal adds $870/yr, and 5% annual appreciation accumulates to $37,270 by year five. Five-year ROI measures 177.04% and total cumulative return in cash reaches $79,169. For financing, Ziffy Mortgage’s DSCR program evaluates $1,401/mo property income against a $660/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1945
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49887, Stephenson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,628 (100%) |
| Owner Occupied HU | 890 (54.7%) |
| Renter Occupied HU | 196 (12.0%) |
| Vacant Housing Units | 542 (33.3%) |
| Median Home Value | $172,000 |
| Average Home Value | $190,742 |
Housing Distribution
Address Breakdown
Residential
1,034
Single Family
989
Multi-Family
45
Businesses
74
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Listed by: Francine Kitkowski • Assist 2 Sell Buyers & Sellers Realty, LLC
Mls Name: RANW
Mls ID: #50318608