11768 Fascination DrFredericMI49733
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Nearby investment properties with comparable prices
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 Frederic at 11768 Fascination Dr, Frederic, MI, 49733 listed at $185,000 pairs $1,420/mo rent with a $905/mo payment to leave $161/mo cash flow. Total monthly income runs $1,420/mo, and annual cash flow reaches $1,931/yr on $61,328 cash to close. Return on cash invested measures 23.06% in year one, and rental yield registers 9.21% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 120.52% and total cumulative return in cash totals $73,911. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,420/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.79 Acres lot
$N/A/sqft
$475 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49733, Frederic, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,659 (100%) |
| Owner Occupied HU | 726 (43.8%) |
| Renter Occupied HU | 109 ( 6.6%) |
| Vacant Housing Units | 824 (49.7%) |
| Median Home Value | $218,354 |
| Average Home Value | $249,101 |
Housing Distribution
Address Breakdown
Residential
807
Single Family
807
Multi-Family
0
Businesses
29
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Nearby investment properties with comparable prices
Listed by: Laura Hart • Real Estate One of Gaylord
Mls Name: WWMLS
Mls Provider:
Mls ID: #201833797
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