1359 Pointe DrGaylordMI49735
Nearby investment properties with comparable rents
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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 Gaylord at 1359 Pointe Dr, Gaylord, MI, 49735 offers $2,502/mo rent that, after a $3,470/mo payment. Total monthly income is $2,502/mo. Return on cash invested measures 8.88% in year one, and rental yield stands at 4.23% at a $709,000 entry. Equity gained on principal adds $4,575/yr while 5% annual appreciation compounds into $195,884 by year five. Five-year ROI records 44.2% and total cumulative return in cash reaches $103,101. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,502/mo property income versus a $3,470/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49735, Gaylord, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,592 (100%) |
| Owner Occupied HU | 6,690 (57.7%) |
| Renter Occupied HU | 2,091 (18.0%) |
| Vacant Housing Units | 2,811 (24.2%) |
| Median Home Value | $227,968 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
9,514
Single Family
8,967
Multi-Family
547
Businesses
768
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