2 Craemer CtFrankenmuthMI48734
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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 Frankenmuth at 2 Craemer Ct, Frankenmuth, MI, 48734 offers a 8.08% rental yield on a $399,000 purchase with $2,688/mo rent. Total monthly income registers $2,688/mo, and a $1,953/mo payment leaves $57/mo available for distribution. Annual cash flow reaches $680/yr on $132,269 to close, and return on cash invested stands at 20.42% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 106.13% and total cumulative return in cash at $140,378. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,688/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48734, Frankenmuth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,489 (100%) |
| Owner Occupied HU | 2,548 (73.0%) |
| Renter Occupied HU | 615 (17.6%) |
| Vacant Housing Units | 326 ( 9.3%) |
| Median Home Value | $293,473 |
| Average Home Value | $343,000 |
Housing Distribution
Address Breakdown
Residential
3,371
Single Family
3,036
Multi-Family
335
Businesses
442
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Listed by: Logan Raymond • Century 21 Signature - Frankenmuth
Mls Name: MiRealSource
Mls ID: #50184660