22483 Gauthier RdSkaneeMI49962
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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 Skanee at 22483 Gauthier Rd, Skanee, MI, 49962 earns from $1,361/mo rent with a $1,909/mo payment. Total monthly income totals $1,361/mo. ROI tracks 8.67% on current figures, and rental yield reads 4.19% at a $390,000 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 43.09% and total cumulative return in cash sums $55,712. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,361/mo property income instead of your personal income.
Single Family
Built in 1999
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49962, Skanee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 459 (100%) |
| Owner Occupied HU | 136 (29.6%) |
| Renter Occupied HU | 13 ( 2.8%) |
| Vacant Housing Units | 310 (67.5%) |
| Median Home Value | $230,000 |
| Average Home Value | $254,063 |
Housing Distribution
Address Breakdown
Residential
162
Single Family
162
Multi-Family
0
Businesses
4
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Listed by: ANNIE FISH • UP NORTH REALTY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50125567
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.