420 Prairie St, Charlotte, MI 48813

2 bd · 1 ba · 896 sqft · built 1905 · Charlotte · SINGLE_FAMILY·source listing ↗

$87,900

rent, three ways

OnePercent model (vv1)$1,655/mo

p10–p90 confidence band

HUD Fair Market Rent · 48813 · 2BR$1,100/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Eaton

Flood risk indexRelatively Low FEMA NRI

Median household income$80,429

Median area rent$957/mo

Median home value$192,800

the verdict

1.88%vs 1.0% target

wide confidence band

financing: 20% down · — (FRED, live) · 30yr

$87,900

1.88% · rent $1,655

Intrinsic value · income approach

$186,961

53% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.