1470 W Railroad StSeneyMI49883
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1470 W Railroad St, Seney, MI, 49883 in Seney is priced for appreciation, not yield. Rental yield 0%. At $130,000 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $35,917 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $150 |
City averages based on Seney market data in our database. Property projections are estimates.
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
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
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.