2040 Musser RdMancelonaMI49659
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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 Mancelona at 2040 Musser Rd, Mancelona, MI, 49659 uses $43,062 cash to close to unlock $2,054/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $1,028/mo, and a $636/mo payment keeps the spread at $171/mo. Purchase price stands at $129,900, and rental yield measures 9.5% with $1,028/mo rent. Return on cash invested shows 24.68% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 129.07% and total cumulative return in cash records $55,579. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,028/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1997
3.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49659, Mancelona, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,599 (100%) |
| Owner Occupied HU | 2,407 (52.3%) |
| Renter Occupied HU | 437 ( 9.5%) |
| Vacant Housing Units | 1,755 (38.2%) |
| Median Home Value | $167,432 |
| Average Home Value | $208,685 |
Housing Distribution
Address Breakdown
Residential
2,679
Single Family
2,663
Multi-Family
16
Businesses
136
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