13208 E Fg AveAugustaMI49012
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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 Augusta at 13208 E Fg Ave, Augusta, MI, 49012 listed at $389,900 pairs $2,346/mo rent with a $1,908/mo payment. Total monthly income runs $2,346/mo. Return on cash invested measures 17.82% in year one, and rental yield registers 7.22% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 92.2% and total cumulative return in cash totals $119,173. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,346/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
9.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49012, Augusta, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,412 (100%) |
| Owner Occupied HU | 1,172 (83.0%) |
| Renter Occupied HU | 159 (11.3%) |
| Vacant Housing Units | 81 ( 5.7%) |
| Median Home Value | $350,376 |
| Average Home Value | $446,826 |
Housing Distribution
Address Breakdown
Residential
1,501
Single Family
1,478
Multi-Family
23
Businesses
58
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