2123 Union StUblyMI48475
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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 Ubly at 2123 Union St, Ubly, MI, 48475 uses $49,692 cash to close to unlock $5,042/yr annual cash flow and $420/mo monthly cash flow. Total monthly income runs $1,409/mo, and a $734/mo payment keeps the spread at $420/mo. Purchase price stands at $149,900, and rental yield measures 11.28% with $1,409/mo rent. Return on cash invested shows 30.06% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 157.86% and total cumulative return in cash records $78,443. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,409/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48475, Ubly, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,107 (100%) |
| Owner Occupied HU | 855 (77.2%) |
| Renter Occupied HU | 158 (14.3%) |
| Vacant Housing Units | 94 ( 8.5%) |
| Median Home Value | $177,500 |
| Average Home Value | $219,953 |
Housing Distribution
Address Breakdown
Residential
1,044
Single Family
1,028
Multi-Family
16
Businesses
62
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