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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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$134,900
3 bds1 ba896sqft
16930 W Manilak Rd UNIT 5Mc MillanMI49853
0%
Gross Yield
0%
ROI
$0.01/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale
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NMLS #2625701
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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
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Investment Highlights
Total monthly income runs $0/mo, and a $660/mo payment. Purchase price stands at $134,900, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -3.96% in year one, and 5% annual appreciation builds toward $37,270 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $660/mo payment rather than investor’s personal income.
Condo
Built in 1962
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49853, Mc Millan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 508 (41.2%) |
| Renter Occupied HU | 48 ( 3.9%) |
| Vacant Housing Units | 678 (54.9%) |
| Median Home Value | $239,894 |
| Average Home Value | $252,170 |
Housing Distribution
Address Breakdown
Residential
545
Single Family
545
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved