1148 Memory LnFrankfortMI49635
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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 Frankfort at 1148 Memory Ln, Frankfort, MI, 49635 earns $294/mo cash flow from $1,975/mo rent with a $1,248/mo payment. Total monthly income totals $1,975/mo, and annual cash flow totals $3,522/yr on $84,533 capital. ROI tracks 24.08% on current figures, and rental yield reads 9.29% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 125.74% and total cumulative return in cash sums $106,292. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,975/mo property income instead of your personal income.
Manufactured
Built in 2002
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49635, Frankfort, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,394 (100%) |
| Owner Occupied HU | 1,412 (41.6%) |
| Renter Occupied HU | 321 ( 9.5%) |
| Vacant Housing Units | 1,661 (48.9%) |
| Median Home Value | $324,012 |
| Average Home Value | $404,626 |
Housing Distribution
Address Breakdown
Residential
1,621
Single Family
1,511
Multi-Family
110
Businesses
184
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