11506 Eleven Mile RdCerescoMI49033
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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 Ceresco at 11506 Eleven Mile Rd, Ceresco, MI, 49033 listed at $257,500 pairs $2,474/mo rent with a $1,260/mo payment to leave $776/mo cash flow. Total monthly income runs $2,474/mo, and annual cash flow reaches $9,315/yr on $85,361 cash to close. Return on cash invested measures 30.82% in year one, and rental yield registers 11.53% at a $257,500 basis. Equity gained on principal adds $1,662/yr, and annual property appreciation at 5% supports $71,143 by year five. Five-year ROI tracks 161.93% and total cumulative return in cash totals $138,229. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,474/mo property income relative to a $1,260/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49033, Ceresco, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 756 (100%) |
| Owner Occupied HU | 646 (85.4%) |
| Renter Occupied HU | 59 ( 7.8%) |
| Vacant Housing Units | 51 ( 6.7%) |
| Median Home Value | $264,220 |
| Average Home Value | $376,861 |
Housing Distribution
Address Breakdown
Residential
721
Single Family
721
Multi-Family
0
Businesses
13
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