1570 Ryno RdLuzerneMI48636
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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
Rental property for sale in Luzerne at 1570 Ryno Rd, Luzerne, MI, 48636 priced at $274,900 pairs $1,363/mo rent with after a $1,346/mo payment. Total monthly income equals $1,363/mo. Return on cash invested is 13.99% in year one, and rental yield stands at 5.95% on a $274,900 basis. Equity gained on principal adds $1,774/yr, and 5% annual appreciation accumulates to $75,950 by year five. Five-year ROI measures 71.65% and total cumulative return in cash reaches $65,295. For financing, Ziffy Mortgage’s DSCR program evaluates $1,363/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
55.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48636, Luzerne, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 551 (100%) |
| Owner Occupied HU | 268 (48.6%) |
| Renter Occupied HU | 47 ( 8.5%) |
| Vacant Housing Units | 236 (42.8%) |
| Median Home Value | $128,788 |
| Average Home Value | $186,175 |
Housing Distribution
Address Breakdown
Residential
346
Single Family
346
Multi-Family
0
Businesses
23
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