11894 M 35 #11898PerkinsMI49872
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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 Perkins at 11894 M 35 #11898, Perkins, MI, 49872 generates $2,014/mo in rent and, after a $1,127/mo payment, leaves $496/mo in cash flow. Total monthly income is $2,014/mo, and annual cash flow is $5,948/yr on $76,311 invested. Return on cash invested sits at 27.7% in year one, and rental yield is 10.5% on a $230,200 entry. Equity gained on principal adds $1,485/yr, while 5% annual appreciation builds toward $63,600 over five years. Five-year ROI reaches 145.17% and total cumulative return in cash sums $110,781. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,014/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49872, Perkins, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 102 (100%) |
| Owner Occupied HU | 76 (74.5%) |
| Renter Occupied HU | 5 ( 4.9%) |
| Vacant Housing Units | 21 (20.6%) |
| Median Home Value | $168,750 |
| Average Home Value | $192,401 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
9
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