1210 Mountain RdEast JordanMI49727
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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 East Jordan at 1210 Mountain Rd, East Jordan, MI, 49727 uses $180,917 cash to close to unlock $10,394/yr annual cash flow and $866/mo monthly cash flow. Total monthly income runs $4,492/mo, and a $2,691/mo payment keeps the spread at $866/mo. Purchase price stands at $549,900, and rental yield measures 9.8% with $4,492/mo rent. Return on cash invested shows 25.81% in year one, and 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 134.98% and total cumulative return in cash records $244,202. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,492/mo property income covering a $2,691/mo payment rather than investor’s personal income.
Single Family
Built in 1990
6.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49727, East Jordan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,429 (100%) |
| Owner Occupied HU | 2,638 (59.6%) |
| Renter Occupied HU | 449 (10.1%) |
| Vacant Housing Units | 1,342 (30.3%) |
| Median Home Value | $244,164 |
| Average Home Value | $346,946 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,607
Multi-Family
138
Businesses
177
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Listed by: Thomas A Rumble • EXP Realty LLC
Mls Name: MichRIC
Mls ID: #25034343