14580 Old Grade RdThompsonvilleMI49683
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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 Thompsonville at 14580 Old Grade Rd, Thompsonville, MI, 49683 earns from $1,656/mo rent with a $2,687/mo payment. Total monthly income totals $1,656/mo. ROI tracks 7.01% on current figures, and rental yield reads 3.62% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 34.17% and total cumulative return in cash sums $61,724. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,656/mo property income instead of your personal income.
Single Family
Built in 1965
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49683, Thompsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,674 (100%) |
| Owner Occupied HU | 872 (52.1%) |
| Renter Occupied HU | 101 ( 6.0%) |
| Vacant Housing Units | 701 (41.9%) |
| Median Home Value | $252,381 |
| Average Home Value | $312,893 |
Housing Distribution
Address Breakdown
Residential
1,090
Single Family
1,090
Multi-Family
0
Businesses
32
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Listed by: Jamie Gray • Coldwell Banker Schmidt-Benzie
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1924709
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 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.