1720 E Rauch Rd, Erie, MI, 48133 | 6.56% Rental Yield

For Sale

Ziffy Mortgage

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 $1,912/mo, and a $1,713/mo payment. Purchase price stands at $350,000, and rental yield measures 6.56% with $1,912/mo rent. Return on cash invested shows 15.81% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 81.4% and total cumulative return in cash records $94,442. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,912/mo property income covering a $1,713/mo payment rather than investor’s personal income.

Single Family

Built in 1965

10.12 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48133, Erie, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,167 (100%)
Owner Occupied HU	1,767 (81.5%)
Renter Occupied HU	225 (10.4%)
Vacant Housing Units	175 ( 8.1%)
Median Home Value	$236,638
Average Home Value	$248,434