11676 Monagan HwyTiptonMI49287
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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
Rental property for sale in Tipton at 11676 Monagan Hwy, Tipton, MI, 49287 generates $3,838/mo in rent, after a $3,128/mo payment. Total monthly income is $3,838/mo. Return on cash invested sits at 17.91% in year one, and rental yield is 7.21% on a $639,000 entry. Equity gained on principal adds $4,123/yr, while 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 92.63% and total cumulative return in cash sums $194,740. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,838/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49287, Tipton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 791 (77.5%) |
| Renter Occupied HU | 55 ( 5.4%) |
| Vacant Housing Units | 174 (17.1%) |
| Median Home Value | $324,185 |
| Average Home Value | $403,647 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
856
Multi-Family
0
Businesses
33
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