21580 County Road Sm RdCornellMI49818
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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 Cornell at 21580 County Road Sm Rd, Cornell, MI, 49818 offers a 9.42% rental yield on a $113,500 purchase with $891/mo rent. Total monthly income registers $891/mo, and a $556/mo payment leaves $142/mo available for distribution. Annual cash flow reaches $1,705/yr on $37,625 to close, and return on cash invested stands at 24.44% in year one. Equity gained on principal adds $732/yr while 5% annual appreciation supports $31,358 over five years. Portfolio math shows five-year ROI at 127.78% and total cumulative return in cash at $48,078. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $891/mo property income against a $556/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
20 Acres lot
$N/A/sqft
No HOA
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Listed by: TINA MARIE GEORGE • NORTHERN MICHIGAN LAND BROKERS - ESCANABA
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50167752
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