11361 W Cannonsville RdTrufantMI49347
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 Trufant at 11361 W Cannonsville Rd, Trufant, MI, 49347 generates $2,330/mo in rent and, after a $1,665/mo payment, leaves $87/mo in cash flow. Total monthly income is $2,330/mo, and annual cash flow is $1,042/yr on $112,743 invested. Return on cash invested sits at 20.83% in year one, and rental yield is 8.22% on a $340,100 entry. Equity gained on principal adds $2,195/yr, while 5% annual appreciation builds toward $93,963 over five years. Five-year ROI reaches 108.33% and total cumulative return in cash sums $122,138. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,330/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49347, Trufant, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 482 (68.0%) |
| Renter Occupied HU | 52 ( 7.3%) |
| Vacant Housing Units | 175 (24.7%) |
| Median Home Value | $221,491 |
| Average Home Value | $225,176 |
Housing Distribution
Address Breakdown
Residential
589
Single Family
589
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices