11930 State RdCadillacMI49601
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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 Cadillac at 11930 State Rd, Cadillac, MI, 49601 earns from $1,438/mo rent with a $1,142/mo payment. Total monthly income totals $1,438/mo. ROI tracks 18.35% on current figures, and rental yield reads 7.4% at a $233,333 purchase. Equity gained on principal adds $1,506/yr, and 5% annual appreciation supports $64,466 over five years. Five-year ROI reaches 95.02% and total cumulative return in cash sums $73,497. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,438/mo property income instead of your personal income.
Manufactured
Built in 1990
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49601, Cadillac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,792 (100%) |
| Owner Occupied HU | 6,921 (64.1%) |
| Renter Occupied HU | 2,336 (21.6%) |
| Vacant Housing Units | 1,535 (14.2%) |
| Median Home Value | $181,348 |
| Average Home Value | $216,653 |
Housing Distribution
Address Breakdown
Residential
9,540
Single Family
9,123
Multi-Family
417
Businesses
1,025
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