1130 Pine StFrankenmuthMI48734
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
Investment property for sale in Frankenmuth at 1130 Pine St, Frankenmuth, MI, 48734 uses $122,622 cash to close to unlock $3,230/yr annual cash flow and $269/mo monthly cash flow. Total monthly income runs $2,708/mo, and a $1,810/mo payment keeps the spread at $269/mo. Purchase price stands at $369,900, and rental yield measures 8.79% with $2,708/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 117.52% and total cumulative return in cash records $144,106. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,708/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 1957
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48734, Frankenmuth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,489 (100%) |
| Owner Occupied HU | 2,548 (73.0%) |
| Renter Occupied HU | 615 (17.6%) |
| Vacant Housing Units | 326 ( 9.3%) |
| Median Home Value | $293,473 |
| Average Home Value | $343,000 |
Housing Distribution
Address Breakdown
Residential
3,371
Single Family
3,036
Multi-Family
335
Businesses
442
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Coleen Hetzner • Century 21 Signature - Frankenmuth
Mls Name: MiRealSource
Mls ID: #50192058