1470 W Railroad StSeneyMI49883
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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 Seney at 1470 W Railroad St, Seney, MI, 49883 priced at $130,000 pairs $0/mo rent with after a $636/mo payment. Total monthly income equals $0/mo. Return on cash invested is -3.95% in year one, and rental yield stands at 0% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49883, Seney, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 241 (100%) |
| Owner Occupied HU | 51 (21.2%) |
| Renter Occupied HU | 6 ( 2.5%) |
| Vacant Housing Units | 184 (76.3%) |
| Median Home Value | $201,786 |
| Average Home Value | $211,373 |
Housing Distribution
Address Breakdown
Residential
23
Single Family
23
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Daniel Robert Napoletano • CENTURY 21 Advantage Plus
Mls Name: EUPBR
Mls Provider:
Mls ID: #25-309
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.