10740 Emerald DrCement CityMI49233
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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 Cement City at 10740 Emerald Dr, Cement City, MI, 49233 offers a 6.44% rental yield on a $669,900 purchase with $3,593/mo rent. 47% in year one. Equity gained on principal adds $4,323/yr while 5% annual appreciation supports $185,081 over five years. Portfolio math shows five-year ROI at 79.6% and total cumulative return in cash at $175,437. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,593/mo property income against a $3,279/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.30 Acres lot
$N/A/sqft
$215 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49233, Cement City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,126 (76.3%) |
| Renter Occupied HU | 101 ( 6.8%) |
| Vacant Housing Units | 248 (16.8%) |
| Median Home Value | $287,644 |
| Average Home Value | $316,241 |
Housing Distribution
Address Breakdown
Residential
1,316
Single Family
1,316
Multi-Family
0
Businesses
48
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Listed by: BRETT MILES • C-21 Affiliated - Jackson
Mls Name: MichRIC
Mls Provider:
Mls ID: #25023250
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.