163 Division StTrout CreekMI49967
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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 Trout Creek at 163 Division St, Trout Creek, MI, 49967 generates $2,051/mo in rent and, after a $807/mo payment, leaves $953/mo in cash flow. Total monthly income is $2,051/mo, and annual cash flow is $11,432/yr on $54,664 invested. Return on cash invested sits at 40.82% in year one, and rental yield is 14.93% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 215.64% and total cumulative return in cash sums $117,880. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,051/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49967, Trout Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 486 (100%) |
| Owner Occupied HU | 171 (35.2%) |
| Renter Occupied HU | 18 ( 3.7%) |
| Vacant Housing Units | 297 (61.1%) |
| Median Home Value | $132,292 |
| Average Home Value | $169,693 |
Housing Distribution
Address Breakdown
Residential
245
Single Family
245
Multi-Family
0
Businesses
9
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Listed by: MICHAEL URBIS • BORSETH PROPERTIES
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50154530
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.