1249 N Van Dyke RdBad AxeMI48413
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 Bad Axe at 1249 N Van Dyke Rd, Bad Axe, MI, 48413 earns $698/mo cash flow from $2,179/mo rent with a $1,099/mo payment. Total monthly income totals $2,179/mo, and annual cash flow totals $8,380/yr on $74,422 capital. ROI tracks 31.17% on current figures, and rental yield reads 11.65% at a $224,500 purchase. Equity gained on principal adds $1,449/yr, and 5% annual appreciation supports $62,025 over five years. Five-year ROI reaches 163.79% and total cumulative return in cash sums $121,892. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,179/mo property income instead of your personal income.
Single Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48413, Bad Axe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,380 (100%) |
| Owner Occupied HU | 2,416 (71.5%) |
| Renter Occupied HU | 677 (20.0%) |
| Vacant Housing Units | 287 ( 8.5%) |
| Median Home Value | $174,658 |
| Average Home Value | $223,450 |
Housing Distribution
Address Breakdown
Residential
3,212
Single Family
2,960
Multi-Family
252
Businesses
527
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices