110 Carpenter BlvdRoscommonMI48653
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Roscommon at 110 Carpenter Blvd, Roscommon, MI, 48653 priced at $259,900 converts $2,012/mo rent into $298/mo cash flow after a $1,272/mo obligation. Total monthly income equals $2,012/mo, and annual cash flow totals $3,570/yr on $86,157 invested. Return on cash invested prints 24.05% in year one, and rental yield reads 9.29% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 125.62% and total cumulative return in cash sums $108,226. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,012/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48653, Roscommon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,279 (100%) |
| Owner Occupied HU | 4,207 (40.9%) |
| Renter Occupied HU | 576 ( 5.6%) |
| Vacant Housing Units | 5,496 (53.5%) |
| Median Home Value | $191,323 |
| Average Home Value | $270,341 |
Housing Distribution
Address Breakdown
Residential
5,750
Single Family
5,638
Multi-Family
112
Businesses
285
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
