16944 Us Highway 12UnionMI49130
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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 Union at 16944 Us Highway 12, Union, MI, 49130 generates $2,077/mo in rent and, after a $941/mo payment, leaves $809/mo in cash flow. Total monthly income is $2,077/mo, and annual cash flow is $9,711/yr on $63,714 invested. Return on cash invested sits at 35.15% in year one, and rental yield is 12.97% on a $192,200 entry. Equity gained on principal adds $1,240/yr, while 5% annual appreciation builds toward $53,101 over five years. Five-year ROI reaches 185.17% and total cumulative return in cash sums $117,979. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,077/mo property income rather than buyer’s personal income.
Single Family
Built in 1875
7.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49130, Union, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 957 (100%) |
| Owner Occupied HU | 621 (64.9%) |
| Renter Occupied HU | 102 (10.7%) |
| Vacant Housing Units | 234 (24.5%) |
| Median Home Value | $323,786 |
| Average Home Value | $405,310 |
Housing Distribution
Address Breakdown
Residential
910
Single Family
910
Multi-Family
0
Businesses
58
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