1053 Birch StRogers CityMI49779
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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 Rogers City at 1053 Birch St, Rogers City, MI, 49779 earns $169/mo cash flow from $1,151/mo rent with a $729/mo payment. Total monthly income totals $1,151/mo, and annual cash flow totals $2,024/yr on $49,394 capital. ROI tracks 24.01% on current figures, and rental yield reads 9.27% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 125.37% and total cumulative return in cash sums $61,924. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,151/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49779, Rogers City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,753 (100%) |
| Owner Occupied HU | 1,871 (68.0%) |
| Renter Occupied HU | 384 (13.9%) |
| Vacant Housing Units | 498 (18.1%) |
| Median Home Value | $139,640 |
| Average Home Value | $191,639 |
Housing Distribution
Address Breakdown
Residential
2,337
Single Family
2,184
Multi-Family
153
Businesses
226
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Listed by: Amy Muckle • Real Estate One Of Presque Isle
Mls Name: WWMLS
Mls ID: #201836997