119 UnionPort AustinMI48467
Nearby investment properties with comparable rents
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 Port Austin at 119 Union, Port Austin, MI, 48467 at $419,500 posts ROI 10.92% with from $1,724/mo rent. Total monthly income equals $1,724/mo. Return on cash invested measures 10.92% and rental yield reads 4.93% at the current $419,500. Equity gained on principal adds $2,707/yr, and 5% annual appreciation supports $115,900 by year five. Five-year ROI prints 55.14% and total cumulative return in cash totals $76,674. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,724/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48467, Port Austin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,765 (100%) |
| Owner Occupied HU | 966 (34.9%) |
| Renter Occupied HU | 170 ( 6.1%) |
| Vacant Housing Units | 1,629 (58.9%) |
| Median Home Value | $196,196 |
| Average Home Value | $261,638 |
Housing Distribution
Address Breakdown
Residential
1,152
Single Family
1,130
Multi-Family
22
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Casey A Bruce • Osentoski Realty
Mls Name: RMLS Multi-List
Mls Provider:
Mls ID: #040-25-0033