2000 S McMillan RdBad AxeMI48413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bad Axe at 2000 S McMillan Rd, Bad Axe, MI, 48413 listed at $165,000 pairs $2,116/mo rent with a $808/mo payment to leave $1,028/mo cash flow. Total monthly income runs $2,116/mo, and annual cash flow reaches $12,330/yr on $54,698 cash to close. Return on cash invested measures 42.45% in year one, and rental yield registers 15.39% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 224.3% and total cumulative return in cash totals $122,687. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,116/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48413, Bad Axe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,380 (100%) |
| Owner Occupied HU | 2,416 (71.5%) |
| Renter Occupied HU | 677 (20.0%) |
| Vacant Housing Units | 287 ( 8.5%) |
| Median Home Value | $174,658 |
| Average Home Value | $223,450 |
Housing Distribution
Address Breakdown
Residential
3,212
Single Family
2,960
Multi-Family
252
Businesses
527
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices