11549 E Shore DrMillersburgMI49759
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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 Millersburg at 11549 E Shore Dr, Millersburg, MI, 49759 offers a 18.79% rental yield on a $130,000 purchase with $2,036/mo rent. Total monthly income registers $2,036/mo, and a $636/mo payment leaves $1,164/mo available for distribution. Annual cash flow reaches $13,968/yr on $43,095 to close, and return on cash invested stands at 52.32% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 277.29% and total cumulative return in cash at $119,499. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,036/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
N/A lot
$N/A/sqft
$180 annually HOA
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Nearby investment properties with comparable prices
Listed by: Terry Hecko • Re/Max North
Mls Name: WWMLS
Mls Provider:
Mls ID: #201829415
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