20021 S Libby RdPickfordMI49774
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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 Pickford at 20021 S Libby Rd, Pickford, MI, 49774 listed at $105,600 pairs $1,769/mo rent with a $517/mo payment to leave $1,072/mo cash flow. Total monthly income runs $1,769/mo, and annual cash flow reaches $12,870/yr on $35,006 cash to close. Return on cash invested measures 56.67% in year one, and rental yield registers 20.1% at a $105,600 basis. Equity gained on principal adds $681/yr, and annual property appreciation at 5% supports $29,175 by year five. Five-year ROI tracks 300.59% and total cumulative return in cash totals $105,226. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,769/mo property income relative to a $517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49774, Pickford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,039 (100%) |
| Owner Occupied HU | 647 (62.3%) |
| Renter Occupied HU | 45 ( 4.3%) |
| Vacant Housing Units | 347 (33.4%) |
| Median Home Value | $169,093 |
| Average Home Value | $206,696 |
Housing Distribution
Address Breakdown
Residential
630
Single Family
630
Multi-Family
0
Businesses
51
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