15512 Taylor RdBruce CrossingMI49912
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
Rental property for sale in Bruce Crossing at 15512 Taylor Rd, Bruce Crossing, MI, 49912 generates $1,107/mo in rent and, after a $700/mo payment, leaves $164/mo in cash flow. Total monthly income is $1,107/mo, and annual cash flow is $1,967/yr on $47,405 invested. Return on cash invested sits at 24.06% in year one, and rental yield is 9.29% on a $143,000 entry. Equity gained on principal adds $923/yr, while 5% annual appreciation builds toward $39,508 over five years. Five-year ROI reaches 125.62% and total cumulative return in cash sums $59,548. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,107/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
39.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49912, Bruce Crossing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 739 (100%) |
| Owner Occupied HU | 379 (51.3%) |
| Renter Occupied HU | 43 ( 5.8%) |
| Vacant Housing Units | 317 (42.9%) |
| Median Home Value | $154,808 |
| Average Home Value | $188,384 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
301
Multi-Family
12
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JESSE BAROKA • RANGELAND REAL ESTATE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50167640
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.