213 Sunset DrNegauneeMI49866
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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 Negaunee at 213 Sunset Dr, Negaunee, MI, 49866 at $427,188 posts ROI 8.75% with from $1,500/mo rent. Total monthly income equals $1,500/mo. Return on cash invested measures 8.75% and rental yield reads 4.21% at the current $427,188. Equity gained on principal adds $2,757/yr, and 5% annual appreciation supports $118,024 by year five. Five-year ROI prints 43.51% and total cumulative return in cash totals $61,616. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,500/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49866, Negaunee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,724 (100%) |
| Owner Occupied HU | 2,777 (74.6%) |
| Renter Occupied HU | 591 (15.9%) |
| Vacant Housing Units | 356 ( 9.6%) |
| Median Home Value | $247,342 |
| Average Home Value | $287,764 |
Housing Distribution
Address Breakdown
Residential
3,464
Single Family
3,274
Multi-Family
190
Businesses
249
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