125 S 2nd StMesickMI49668
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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 Mesick at 125 S 2nd St, Mesick, MI, 49668 earns $514/mo cash flow from $1,536/mo rent with a $759/mo payment. Total monthly income totals $1,536/mo, and annual cash flow totals $6,162/yr on $51,383 capital. ROI tracks 31.9% on current figures, and rental yield reads 11.89% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 167.74% and total cumulative return in cash sums $86,188. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,536/mo property income instead of your personal income.
Single Family
Built in 2023
8,712 sqft 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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