10694 Freeman RdMesickMI49668
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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 Mesick at 10694 Freeman Rd, Mesick, MI, 49668 listed at $319,900 pairs $1,354/mo rent with a $1,566/mo payment. Total monthly income runs $1,354/mo. Return on cash invested measures 11.36% in year one, and rental yield registers 5.08% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 57.54% and total cumulative return in cash totals $61,016. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,354/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1993
9.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49668, Mesick, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,108 (100%) |
| Owner Occupied HU | 1,406 (66.7%) |
| Renter Occupied HU | 214 (10.2%) |
| Vacant Housing Units | 488 (23.1%) |
| Median Home Value | $180,337 |
| Average Home Value | $207,329 |
Housing Distribution
Address Breakdown
Residential
1,515
Single Family
1,515
Multi-Family
0
Businesses
74
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