13371-W13371 Feigel RdEngadineMI49827
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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 Engadine at 13371-W13371 Feigel Rd, Engadine, MI, 49827 earns from $2,006/mo rent with a $1,444/mo payment. Total monthly income totals $2,006/mo. ROI tracks 19.83% on current figures, and rental yield reads 8.16% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 103.26% and total cumulative return in cash sums $100,982. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,006/mo property income instead of your personal income.
Single Family
Built in 1955
2 Acres lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49827, Engadine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 340 (46.1%) |
| Renter Occupied HU | 32 ( 4.3%) |
| Vacant Housing Units | 365 (49.5%) |
| Median Home Value | $177,273 |
| Average Home Value | $229,426 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
374
Multi-Family
0
Businesses
27
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Listed by: TRAVIS WOOD • GROVER REAL ESTATE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50156220
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.