14581 Glenbeigh LnCement 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
Rental property for sale in Cement City at 14581 Glenbeigh Ln, Cement City, MI, 49233 generates $1,782/mo in rent and, after a $1,268/mo payment, leaves $74/mo in cash flow. Total monthly income is $1,782/mo, and annual cash flow is $884/yr on $85,859 invested. Return on cash invested sits at 20.94% in year one, and rental yield is 8.26% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 108.91% and total cumulative return in cash sums $93,508. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,782/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
9,583 sqft 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: TIMOTHY CREECH • Five Star Real Estate
Mls Name: MichRIC
Mls ID: #25059628