106 Ebinger AveClimaxMI49034
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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 Climax at 106 Ebinger Ave, Climax, MI, 49034 listed at $161,400 pairs $2,239/mo rent with a $790/mo payment to leave $1,175/mo cash flow. Total monthly income runs $2,239/mo, and annual cash flow reaches $14,095/yr on $53,504 cash to close. Return on cash invested measures 46.25% in year one, and rental yield registers 16.65% at a $161,400 basis. Equity gained on principal adds $1,041/yr, and annual property appreciation at 5% supports $44,592 by year five. Five-year ROI tracks 244.64% and total cumulative return in cash totals $130,893. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,239/mo property income relative to a $790/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49034, Climax, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 951 (100%) |
| Owner Occupied HU | 849 (89.3%) |
| Renter Occupied HU | 79 ( 8.3%) |
| Vacant Housing Units | 23 ( 2.4%) |
| Median Home Value | $298,476 |
| Average Home Value | $360,127 |
Housing Distribution
Address Breakdown
Residential
835
Single Family
811
Multi-Family
24
Businesses
28
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