101 Kirkpatrick AvePalmerMI49871
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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 Palmer at 101 Kirkpatrick Ave, Palmer, MI, 49871 listed at $425,000 pairs $3,870/mo rent with a $2,080/mo payment to leave $1,068/mo cash flow. Total monthly income runs $3,870/mo, and annual cash flow reaches $12,810/yr on $140,888 cash to close. Return on cash invested measures 29% in year one, and rental yield registers 10.93% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 152.14% and total cumulative return in cash totals $214,349. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,870/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49871, Palmer, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 185 (100%) |
| Owner Occupied HU | 142 (76.8%) |
| Renter Occupied HU | 13 ( 7.0%) |
| Vacant Housing Units | 30 (16.2%) |
| Median Home Value | $125,000 |
| Average Home Value | $187,817 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
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