1014 S Coleman RdShepherdMI48883
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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 Shepherd at 1014 S Coleman Rd, Shepherd, MI, 48883 at $210,000 posts ROI 23.27% with $195/mo cash flow from $1,580/mo rent. Total monthly income equals $1,580/mo, and annual cash flow records $2,340/yr on $69,615 to close. Return on cash invested measures 23.27% and rental yield reads 9.03% at the current $210,000. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 by year five. Five-year ROI prints 121.39% and total cumulative return in cash totals $84,508.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,580/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2001
4 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Amberly Zimmer • The Real Estate Company
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1932748
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.