126 Cutler StNorth AdamsMI49262
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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 North Adams at 126 Cutler St, North Adams, MI, 49262 uses $77,903 cash to close to unlock $6,150/yr annual cash flow and $513/mo monthly cash flow. Total monthly income runs $2,062/mo, and a $1,150/mo payment keeps the spread at $513/mo. Purchase price stands at $235,000, and rental yield measures 10.53% with $2,062/mo rent. Return on cash invested shows 27.8% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 145.73% and total cumulative return in cash records $113,524. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,062/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 2007
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49262, North Adams, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 588 (100%) |
| Owner Occupied HU | 443 (75.3%) |
| Renter Occupied HU | 90 (15.3%) |
| Vacant Housing Units | 55 ( 9.4%) |
| Median Home Value | $165,441 |
| Average Home Value | $217,494 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
480
Multi-Family
0
Businesses
26
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Listed by: Christie M Plemmons • Christie Plemmons Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25003997
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.