11935 W 16th RdMesickMI49668
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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
Total monthly income runs $2,917/mo, and a $2,300/mo payment. Purchase price stands at $470,000, and rental yield measures 7.45% with $2,917/mo rent. Return on cash invested shows 18.51% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 95.84% and total cumulative return in cash records $149,325. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,917/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 1996
19.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49668, Mesick, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,108 (100%) |
| Owner Occupied HU | 1,406 (66.7%) |
| Renter Occupied HU | 214 (10.2%) |
| Vacant Housing Units | 488 (23.1%) |
| Median Home Value | $180,337 |
| Average Home Value | $207,329 |
Housing Distribution
Address Breakdown
Residential
1,515
Single Family
1,515
Multi-Family
0
Businesses
74
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