10640 Twenty Mile RdTustinMI49688
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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
Rental property for sale in Tustin at 10640 Twenty Mile Rd, Tustin, MI, 49688 generates $1,650/mo in rent and, after a $827/mo payment, leaves $536/mo in cash flow. Total monthly income is $1,650/mo, and annual cash flow is $6,428/yr on $56,024 invested. Return on cash invested sits at 31.38% in year one, and rental yield is 11.72% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 164.92% and total cumulative return in cash sums $92,395. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,650/mo property income rather than buyer’s personal income.
Manufactured
Built in 2004
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49688, Tustin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 934 (72.6%) |
| Renter Occupied HU | 102 ( 7.9%) |
| Vacant Housing Units | 250 (19.4%) |
| Median Home Value | $202,395 |
| Average Home Value | $251,229 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
1,037
Multi-Family
0
Businesses
48
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