1720 E 10th AveSault Sainte MarieMI49783
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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
Investment property for sale in Sault Sainte Marie at 1720 E 10th Ave, Sault Sainte Marie, MI, 49783 listed at $180,000 pairs $1,664/mo rent with a $881/mo payment to leave $477/mo cash flow. Total monthly income runs $1,664/mo, and annual cash flow reaches $5,724/yr on $59,670 cash to close. Return on cash invested measures 29.5% in year one, and rental yield registers 11.09% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 154.8% and total cumulative return in cash totals $92,369. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,664/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49783, Sault Sainte Marie, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,064 (100%) |
| Owner Occupied HU | 5,407 (59.7%) |
| Renter Occupied HU | 2,442 (26.9%) |
| Vacant Housing Units | 1,215 (13.4%) |
| Median Home Value | $160,218 |
| Average Home Value | $183,626 |
Housing Distribution
Address Breakdown
Residential
8,365
Single Family
7,421
Multi-Family
944
Businesses
807
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Nearby investment properties with comparable prices
Listed by: Anna Piche • Smith & Company Real Estate
Mls Name: EUPBR
Mls Provider:
Mls ID: #24-1153
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.