143 E County Line RdMancelonaMI49659
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mancelona at 143 E County Line Rd, Mancelona, MI, 49659 priced at $319,000 converts $2,852/mo rent into $749/mo cash flow after a $1,561/mo obligation. Total monthly income equals $2,852/mo, and annual cash flow totals $8,984/yr on $105,749 invested. Return on cash invested prints 28.4% in year one, and rental yield reads 10.73% against a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,134 by year five. Five-year ROI reaches 148.94% and total cumulative return in cash sums $157,501. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,852/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Single Family
Built in 2006
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49659, Mancelona, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,599 (100%) |
| Owner Occupied HU | 2,407 (52.3%) |
| Renter Occupied HU | 437 ( 9.5%) |
| Vacant Housing Units | 1,755 (38.2%) |
| Median Home Value | $167,432 |
| Average Home Value | $208,685 |
Housing Distribution
Address Breakdown
Residential
2,679
Single Family
2,663
Multi-Family
16
Businesses
136
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Listed by: Janet Piscopo • Coldwell Banker Schmidt-Bellai
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1929843
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.