1333 N Sand Lake RdNational CityMI48748
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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 National City at 1333 N Sand Lake Rd, National City, MI, 48748 generates $1,267/mo in rent and, after a $727/mo payment, leaves $288/mo in cash flow. Total monthly income is $1,267/mo, and annual cash flow is $3,450/yr on $49,228 invested. Return on cash invested sits at 26.92% in year one, and rental yield is 10.24% on a $148,500 entry. Equity gained on principal adds $958/yr, while 5% annual appreciation builds toward $41,028 over five years. Five-year ROI reaches 141% and total cumulative return in cash sums $69,411. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,267/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48748, National City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,925 (100%) |
| Owner Occupied HU | 763 (39.6%) |
| Renter Occupied HU | 84 ( 4.4%) |
| Vacant Housing Units | 1,078 (56.0%) |
| Median Home Value | $194,477 |
| Average Home Value | $231,294 |
Housing Distribution
Address Breakdown
Residential
1,041
Single Family
1,041
Multi-Family
0
Businesses
20
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Listed by: TINA CASANOVA • CAROLE WILSON REAL ESTATE
Mls Name: NGLRMLS
Mls ID: #1938409