10025 65th Ln #URapid RiverMI49878
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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 Rapid River at 10025 65th Ln #U, Rapid River, MI, 49878 offers a 3.39% rental yield on a $350,000 purchase with $990/mo rent. 28% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 30.27% and total cumulative return in cash at $35,126. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $990/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49878, Rapid River, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,790 (100%) |
| Owner Occupied HU | 1,533 (54.9%) |
| Renter Occupied HU | 131 ( 4.7%) |
| Vacant Housing Units | 1,126 (40.4%) |
| Median Home Value | $182,019 |
| Average Home Value | $216,009 |
Housing Distribution
Address Breakdown
Residential
1,731
Single Family
1,708
Multi-Family
23
Businesses
76
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Listed by: N/A • N/A
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Mls ID: #N/A