1240 River RdGermfaskMI49836
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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 Germfask at 1240 River Rd, Germfask, MI, 49836 at $159,000 posts ROI 28.71% with $387/mo cash flow from $1,435/mo rent. Total monthly income equals $1,435/mo, and annual cash flow records $4,640/yr on $52,709 to close. Return on cash invested measures 28.71% and rental yield reads 10.83% at the current $159,000. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 by year five. Five-year ROI prints 150.6% and total cumulative return in cash totals $79,380.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,435/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
1 Acres lot
$N/A/sqft
No HOA
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Listed by: GREGG GUSTAFSON • RE/MAX SUPERIORLAND
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50167808
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.