132 Withworth 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 132 Withworth Ave, Kingsford, MI, 49802 offers $1,594/mo rent that, after a $1,125/mo payment, leaves $78/mo cash flow. Total monthly income is $1,594/mo, and annual cash flow is $938/yr on $76,212 cash. Return on cash invested measures 21.14% in year one, and rental yield stands at 8.32% at a $229,900 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,517 by year five. Five-year ROI records 110.03% and total cumulative return in cash reaches $83,855. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,594/mo property income versus a $1,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
6,098 sqft lot
$N/A/sqft
No HOA
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Listed by: KIMBERLY WEBB • LEEDS REAL ESTATE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50180832
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