1435-N1435 W Wpa RdVulcanMI49892
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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 Vulcan at 1435-N1435 W Wpa Rd, Vulcan, MI, 49892 generates $1,571/mo in rent and, after a $1,084/mo payment, leaves $110/mo in cash flow. Total monthly income is $1,571/mo, and annual cash flow is $1,325/yr on $73,427 invested. Return on cash invested sits at 21.71% in year one, and rental yield is 8.51% on a $221,500 entry. Equity gained on principal adds $1,429/yr, while 5% annual appreciation builds toward $61,196 over five years. Five-year ROI reaches 113.09% and total cumulative return in cash sums $83,042. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,571/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
3.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49892, Vulcan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,378 (100%) |
| Owner Occupied HU | 847 (61.5%) |
| Renter Occupied HU | 83 ( 6.0%) |
| Vacant Housing Units | 448 (32.5%) |
| Median Home Value | $198,018 |
| Average Home Value | $234,038 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
915
Multi-Family
0
Businesses
10
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Listed by: HUGH HARRIS • HARRIS STATE WIDE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50160685
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.