20100 Nelson RdMerrillMI48637
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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 Merrill at 20100 Nelson Rd, Merrill, MI, 48637 uses $85,196 cash to close to unlock $9,385/yr annual cash flow and $782/mo monthly cash flow. Total monthly income runs $2,477/mo, and a $1,258/mo payment keeps the spread at $782/mo. Purchase price stands at $257,000, and rental yield measures 11.57% with $2,477/mo rent. Return on cash invested shows 30.93% in year one, and 5% annual appreciation builds toward $71,004 over five years. Five-year ROI reaches 162.49% and total cumulative return in cash records $138,432. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,477/mo property income covering a $1,258/mo payment rather than investor’s personal income.
Single Family
Built in 1974
4.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48637, Merrill, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,436 (100%) |
| Owner Occupied HU | 1,233 (85.9%) |
| Renter Occupied HU | 114 ( 7.9%) |
| Vacant Housing Units | 89 ( 6.2%) |
| Median Home Value | $207,424 |
| Average Home Value | $271,932 |
Housing Distribution
Address Breakdown
Residential
1,143
Single Family
1,143
Multi-Family
0
Businesses
54
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