11698 N Astor RdIronsMI49644
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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 Irons at 11698 N Astor Rd, Irons, MI, 49644 listed at $209,900 pairs $1,306/mo rent with a $1,027/mo payment. Total monthly income runs $1,306/mo. Return on cash invested measures 18.57% in year one, and rental yield registers 7.47% at a $209,900 basis. Equity gained on principal adds $1,354/yr, and annual property appreciation at 5% supports $57,992 by year five. Five-year ROI tracks 96.24% and total cumulative return in cash totals $66,968. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,306/mo property income relative to a $1,027/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
10.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49644, Irons, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,027 (100%) |
| Owner Occupied HU | 890 (29.4%) |
| Renter Occupied HU | 78 ( 2.6%) |
| Vacant Housing Units | 2,059 (68.0%) |
| Median Home Value | $185,507 |
| Average Home Value | $223,949 |
Housing Distribution
Address Breakdown
Residential
1,182
Single Family
1,182
Multi-Family
0
Businesses
49
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