1397 Mountain RdEast JordanMI49727
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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
Total monthly income runs $2,851/mo, and a $5,701/mo payment. Purchase price stands at $1,164,800, and rental yield measures 2.94% with $2,851/mo rent. Return on cash invested shows 5.01% in year one, and 5% annual appreciation builds toward $321,813 over five years. Five-year ROI reaches 23.4% and total cumulative return in cash records $88,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,851/mo property income covering a $5,701/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49727, East Jordan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,429 (100%) |
| Owner Occupied HU | 2,638 (59.6%) |
| Renter Occupied HU | 449 (10.1%) |
| Vacant Housing Units | 1,342 (30.3%) |
| Median Home Value | $244,164 |
| Average Home Value | $346,946 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,607
Multi-Family
138
Businesses
177
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A