11728 S Mackinac TrlDafterMI49724
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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 Dafter at 11728 S Mackinac Trl, Dafter, MI, 49724 generates $3,846/mo in rent and, after a $1,268/mo payment, leaves $2,138/mo in cash flow. Total monthly income is $3,846/mo, and annual cash flow is $25,652/yr on $85,859 invested. Return on cash invested sits at 49.79% in year one, and rental yield is 17.82% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 263.6% and total cumulative return in cash sums $226,324. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,846/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49724, Dafter, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 519 (100%) |
| Owner Occupied HU | 416 (80.2%) |
| Renter Occupied HU | 33 ( 6.4%) |
| Vacant Housing Units | 70 (13.5%) |
| Median Home Value | $187,273 |
| Average Home Value | $203,708 |
Housing Distribution
Address Breakdown
Residential
503
Single Family
503
Multi-Family
0
Businesses
16
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Listed by: Garth Macmaster Jr • RE/MAX NorthStar Realty
Mls Name: EUPBR
Mls Provider:
Mls ID: #24-436
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.