1370 N Black RdTrufantMI49347
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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 Trufant at 1370 N Black Rd, Trufant, MI, 49347 generates $1,352/mo in rent, after a $1,468/mo payment. Total monthly income is $1,352/mo. Return on cash invested sits at 12.35% in year one, and rental yield is 5.41% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 62.89% and total cumulative return in cash sums $62,524. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,352/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49347, Trufant, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 482 (68.0%) |
| Renter Occupied HU | 52 ( 7.3%) |
| Vacant Housing Units | 175 (24.7%) |
| Median Home Value | $221,491 |
| Average Home Value | $225,176 |
Housing Distribution
Address Breakdown
Residential
589
Single Family
589
Multi-Family
0
Businesses
17
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