11856 Fascination DrFredericMI49733
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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 Frederic at 11856 Fascination Dr, Frederic, MI, 49733 uses $89,174 cash to close to unlock $6,092/yr annual cash flow and $508/mo monthly cash flow. Total monthly income runs $2,282/mo, and a $1,317/mo payment keeps the spread at $508/mo. Purchase price stands at $269,000, and rental yield measures 10.18% with $2,282/mo rent. Return on cash invested shows 26.74% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 140.03% and total cumulative return in cash records $124,871. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,282/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.80 Acres lot
$N/A/sqft
No 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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