2134 Mara DrKawkawlinMI48631
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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
Rental property for sale in Kawkawlin at 2134 Mara Dr, Kawkawlin, MI, 48631 generates $1,685/mo in rent and, after a $1,224/mo payment, leaves $36/mo in cash flow. Total monthly income is $1,685/mo, and annual cash flow is $432/yr on $82,875 invested. Return on cash invested sits at 20.43% in year one, and rental yield is 8.09% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 106.16% and total cumulative return in cash sums $87,982. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,685/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48631, Kawkawlin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,082 (100%) |
| Owner Occupied HU | 1,743 (83.7%) |
| Renter Occupied HU | 201 ( 9.7%) |
| Vacant Housing Units | 138 ( 6.6%) |
| Median Home Value | $196,294 |
| Average Home Value | $231,725 |
Housing Distribution
Address Breakdown
Residential
1,856
Single Family
1,856
Multi-Family
0
Businesses
134
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