12476 Spruce StSawyerMI49125
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 Sawyer at 12476 Spruce St, Sawyer, MI, 49125 earns $962/mo cash flow from $3,600/mo rent with a $1,958/mo payment. Total monthly income totals $3,600/mo, and annual cash flow totals $11,544/yr on $132,600 capital. ROI tracks 28.61% on current figures, and rental yield reads 10.8% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 150.04% and total cumulative return in cash sums $198,952. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,600/mo property income instead of your personal income.
Single Family
Built in 2006
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49125, Sawyer, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,885 (100%) |
| Owner Occupied HU | 1,007 (53.4%) |
| Renter Occupied HU | 139 ( 7.4%) |
| Vacant Housing Units | 739 (39.2%) |
| Median Home Value | $318,411 |
| Average Home Value | $381,279 |
Housing Distribution
Address Breakdown
Residential
1,124
Single Family
757
Multi-Family
367
Businesses
73
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