208 E Jamet StMackinaw CityMI49701
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 Mackinaw City at 208 E Jamet St, Mackinaw City, MI, 49701 at $272,900 posts ROI 16.06% with from $1,510/mo rent. Total monthly income equals $1,510/mo. Return on cash invested measures 16.06% and rental yield reads 6.64% at the current $272,900. Equity gained on principal adds $1,761/yr, and 5% annual appreciation supports $75,397 by year five. Five-year ROI prints 82.81% and total cumulative return in cash totals $74,916. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,510/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49701, Mackinaw City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 885 (100%) |
| Owner Occupied HU | 361 (40.8%) |
| Renter Occupied HU | 129 (14.6%) |
| Vacant Housing Units | 395 (44.6%) |
| Median Home Value | $269,318 |
| Average Home Value | $348,809 |
Housing Distribution
Address Breakdown
Residential
273
Single Family
241
Multi-Family
32
Businesses
149
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Nearby investment properties with comparable prices
Listed by: Christine McCann • Ayre/Rhinehart Bay REALTORS
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50163582
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