1278 N Pine RdEssexvilleMI48732
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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 Essexville at 1278 N Pine Rd, Essexville, MI, 48732 earns $330/mo cash flow from $1,649/mo rent with a $979/mo payment. Total monthly income totals $1,649/mo, and annual cash flow totals $3,960/yr on $66,300 capital. ROI tracks 25.88% on current figures, and rental yield reads 9.89% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 135.38% and total cumulative return in cash sums $89,756. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,649/mo property income instead of your personal income.
Single Family
Built in 1911
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48732, Essexville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,240 (100%) |
| Owner Occupied HU | 3,559 (67.9%) |
| Renter Occupied HU | 1,347 (25.7%) |
| Vacant Housing Units | 334 ( 6.4%) |
| Median Home Value | $172,752 |
| Average Home Value | $202,151 |
Housing Distribution
Address Breakdown
Residential
5,084
Single Family
3,837
Multi-Family
1,247
Businesses
214
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Listed by: Joan M Swide • RE/MAX Results
Mls Name: MiRealSource
Mls ID: #50186834