101 W Densmore DrSaint IgnaceMI49781
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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 Saint Ignace at 101 W Densmore Dr, Saint Ignace, MI, 49781 at $999,500 posts ROI 6.47% with from $2,866/mo rent. Total monthly income equals $2,866/mo. Return on cash invested measures 6.47% and rental yield reads 3.44% at the current $999,500. Equity gained on principal adds $6,450/yr, and 5% annual appreciation supports $276,143 by year five. Five-year ROI prints 31.25% and total cumulative return in cash totals $102,771. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,866/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
2.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49781, Saint Ignace, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,663 (100%) |
| Owner Occupied HU | 1,415 (53.1%) |
| Renter Occupied HU | 507 (19.0%) |
| Vacant Housing Units | 741 (27.8%) |
| Median Home Value | $170,180 |
| Average Home Value | $232,984 |
Housing Distribution
Address Breakdown
Residential
1,947
Single Family
1,766
Multi-Family
181
Businesses
232
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Listed by: Cheryl A Schlehuber • Mackinac Properties, Inc
Mls Name: WWMLS
Mls ID: #201836150