1945 W Blackmore RdMayvilleMI48744
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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 Mayville at 1945 W Blackmore Rd, Mayville, MI, 48744 with 5% annual appreciation on a $255,000 basis while $3,217/mo rent supports operations. Total monthly income totals $3,217/mo and a $1,248/mo payment preserves $1,536/mo for cash returns. Annual cash flow comes to $18,426/yr on $84,533 deployed, and return on cash invested reaches 41.71% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 15.14%. Five-year ROI measures 220.3% and total cumulative return in cash totals $186,224.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,217/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48744, Mayville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,055 (100%) |
| Owner Occupied HU | 1,584 (77.1%) |
| Renter Occupied HU | 214 (10.4%) |
| Vacant Housing Units | 257 (12.5%) |
| Median Home Value | $171,774 |
| Average Home Value | $222,188 |
Housing Distribution
Address Breakdown
Residential
1,708
Single Family
1,708
Multi-Family
0
Businesses
70
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