15401 W Cannonsville RdCoralMI49322
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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 Coral at 15401 W Cannonsville Rd, Coral, MI, 49322 listed at $763,400 pairs $3,304/mo rent with a $3,736/mo payment. Total monthly income runs $3,304/mo. Return on cash invested measures 11.8% in year one, and rental yield registers 5.19% at a $763,400 basis. Equity gained on principal adds $4,926/yr, and annual property appreciation at 5% supports $210,913 by year five. Five-year ROI tracks 59.84% and total cumulative return in cash totals $150,301. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,304/mo property income relative to a $3,736/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1908
3.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49322, Coral, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 531 (100%) |
| Owner Occupied HU | 378 (71.2%) |
| Renter Occupied HU | 52 ( 9.8%) |
| Vacant Housing Units | 101 (19.0%) |
| Median Home Value | $234,694 |
| Average Home Value | $227,057 |
Housing Distribution
Address Breakdown
Residential
465
Single Family
465
Multi-Family
0
Businesses
5
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