114 E Sugnet RdMidlandMI48642
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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 Midland at 114 E Sugnet Rd, Midland, MI, 48642 with 5% annual appreciation on a $149,900 basis while $1,442/mo rent supports operations. Total monthly income totals $1,442/mo and a $734/mo payment preserves $453/mo for cash returns. Annual cash flow comes to $5,438/yr on $49,692 deployed, and return on cash invested reaches 30.85% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 11.54%. Five-year ROI measures 162.16% and total cumulative return in cash totals $80,579.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,442/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1944
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48642, Midland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,273 (100%) |
| Owner Occupied HU | 10,847 (71.0%) |
| Renter Occupied HU | 3,491 (22.9%) |
| Vacant Housing Units | 935 ( 6.1%) |
| Median Home Value | $218,575 |
| Average Home Value | $275,267 |
Housing Distribution
Address Breakdown
Residential
14,670
Single Family
13,366
Multi-Family
1,304
Businesses
580
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