154 Summit Ridge RdGaylordMI49735
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Gaylord at 154 Summit Ridge Rd, Gaylord, MI, 49735 at $225,000 posts ROI 43.85% with $1,488/mo cash flow from $3,263/mo rent. Total monthly income equals $3,263/mo, and annual cash flow records $17,854/yr on $74,588 to close. Return on cash invested measures 43.85% and rental yield reads 17.4% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 233.42% and total cumulative return in cash totals $174,105.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,263/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1986
N/A lot
$N/A/sqft
$875 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49735, Gaylord, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,592 (100%) |
| Owner Occupied HU | 6,690 (57.7%) |
| Renter Occupied HU | 2,091 (18.0%) |
| Vacant Housing Units | 2,811 (24.2%) |
| Median Home Value | $227,968 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
9,514
Single Family
8,967
Multi-Family
547
Businesses
768
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Nearby investment properties with comparable prices
Listed by: Sandra Mattingly • Pine Cone Properties LLC
Mls Name: WWMLS
Mls Provider:
Mls ID: #201831075
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