117 Birch StKingsfordMI49802
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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 Kingsford at 117 Birch St, Kingsford, MI, 49802 priced at $122,000 converts $943/mo rent into $139/mo cash flow after a $597/mo obligation. Total monthly income equals $943/mo, and annual cash flow totals $1,663/yr on $40,443 invested. Return on cash invested prints 24.02% in year one, and rental yield reads 9.28% against a $122,000 entry. Equity gained on principal adds $787/yr, while 5% annual appreciation compiles into $33,706 by year five. Five-year ROI reaches 125.48% and total cumulative return in cash sums $50,747. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $943/mo property income covering a $597/mo payment, not borrower’s personal income.
Single Family
Built in 1925
0.28 Acres lot
$N/A/sqft
No HOA
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Listed by: BETSY SAWICKY • STEPHENS REAL ESTATE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50160021
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.