21493 Twenty Mile RdTustinMI49688
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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 Tustin at 21493 Twenty Mile Rd, Tustin, MI, 49688 generates $2,550/mo in rent, after a $2,679/mo payment. Total monthly income is $2,550/mo. Return on cash invested sits at 13% in year one, and rental yield is 5.59% on a $547,400 entry. Equity gained on principal adds $3,532/yr, while 5% annual appreciation builds toward $151,237 over five years. Five-year ROI reaches 66.3% and total cumulative return in cash sums $119,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,550/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49688, Tustin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 934 (72.6%) |
| Renter Occupied HU | 102 ( 7.9%) |
| Vacant Housing Units | 250 (19.4%) |
| Median Home Value | $202,395 |
| Average Home Value | $251,229 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
1,037
Multi-Family
0
Businesses
48
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