1317 W Breen AveKingsfordMI49802
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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
Rental property for sale in Kingsford at 1317 W Breen Ave, Kingsford, MI, 49802 generates $943/mo in rent and, after a $582/mo payment, leaves $159/mo in cash flow. Total monthly income is $943/mo, and annual cash flow is $1,904/yr on $39,449 invested. Return on cash invested sits at 24.74% in year one, and rental yield is 9.51% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 129.3% and total cumulative return in cash sums $51,005. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $943/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
0.29 Acres lot
$N/A/sqft
No HOA
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Listed by: JOSHUA GUDWER • COLDWELL BANKER REAL ESTATE GROUP
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50159793
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