14010 Shannon DrCement CityMI49233
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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 Cement City at 14010 Shannon Dr, Cement City, MI, 49233 earns from $1,931/mo rent with a $1,975/mo payment. Total monthly income totals $1,931/mo. ROI tracks 13.36% on current figures, and rental yield reads 5.74% at a $403,500 purchase. Equity gained on principal adds $2,604/yr, and 5% annual appreciation supports $111,480 over five years. Five-year ROI reaches 68.3% and total cumulative return in cash sums $91,355. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,931/mo property income instead of your personal income.
Single Family
Built in 1968
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49233, Cement City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,126 (76.3%) |
| Renter Occupied HU | 101 ( 6.8%) |
| Vacant Housing Units | 248 (16.8%) |
| Median Home Value | $287,644 |
| Average Home Value | $316,241 |
Housing Distribution
Address Breakdown
Residential
1,316
Single Family
1,316
Multi-Family
0
Businesses
48
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Listed by: Tim Bender • EXP Realty
Mls Name: MiRealSource
Mls ID: #50181036