1273 County Road 477 Rd #477Mc MillanMI49853
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 1273 County Road 477 Rd #477, Mc Millan, MI, 49853 in Mc Millan the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $129,900 price is below income-first thresholds, but 5%/yr value growth projects $35,889 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $2,000 |
City averages based on Mc Millan market data in our database. Property projections are estimates.
Single Family
Built in 1979
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49853, Mc Millan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 508 (41.2%) |
| Renter Occupied HU | 48 ( 3.9%) |
| Vacant Housing Units | 678 (54.9%) |
| Median Home Value | $239,894 |
| Average Home Value | $252,170 |
Housing Distribution
Address Breakdown
Residential
545
Single Family
545
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1979
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49853, Mc Millan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 508 (41.2%) |
| Renter Occupied HU | 48 ( 3.9%) |
| Vacant Housing Units | 678 (54.9%) |
| Median Home Value | $239,894 |
| Average Home Value | $252,170 |
Housing Distribution
Address Breakdown
Residential
545
Single Family
545
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices