0 Linck RdEngadineMI49827
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
Investment property for sale in Engadine at 0 Linck Rd, Engadine, MI, 49827 at $239,900 posts ROI 29.37% with $627/mo cash flow from $2,209/mo rent. Total monthly income equals $2,209/mo, and annual cash flow records $7,526/yr on $79,527 to close. Return on cash invested measures 29.37% and rental yield reads 11.05% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 154.16% and total cumulative return in cash totals $122,599.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,209/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49827, Engadine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 340 (46.1%) |
| Renter Occupied HU | 32 ( 4.3%) |
| Vacant Housing Units | 365 (49.5%) |
| Median Home Value | $177,273 |
| Average Home Value | $229,426 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
374
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abby Magnuson • Cummings-McCraney
Mls Name: EUPBR
Mls Provider:
Mls ID: #24-574
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.