15329 Highland StPainesdaleMI49955
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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 Painesdale at 15329 Highland St, Painesdale, MI, 49955 earns $146/mo cash flow from $1,135/mo rent with a $734/mo payment. Total monthly income totals $1,135/mo, and annual cash flow totals $1,752/yr on $49,725 capital. ROI tracks 23.43% on current figures, and rental yield reads 9.08% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 122.24% and total cumulative return in cash sums $60,786. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,135/mo property income instead of your personal income.
Single Family
Built in 1908
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49955, Painesdale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 190 (100%) |
| Owner Occupied HU | 143 (75.3%) |
| Renter Occupied HU | 16 ( 8.4%) |
| Vacant Housing Units | 31 (16.3%) |
| Median Home Value | $160,227 |
| Average Home Value | $182,920 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
5
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Listed by: DANIELLE HOSKINS • CENTURY 21 AFFILIATED
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50161212
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.