22571 County Road 687BangorMI49013
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bangor at 22571 County Road 687, Bangor, MI, 49013 earns $453/mo cash flow from $2,754/mo rent with a $1,708/mo payment. Total monthly income totals $2,754/mo, and annual cash flow totals $5,432/yr on $115,694 capital. ROI tracks 24.6% on current figures, and rental yield reads 9.47% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 128.54% and total cumulative return in cash sums $148,716. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,754/mo property income instead of your personal income.
Single Family
Built in 1900
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49013, Bangor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,501 (64.6%) |
| Renter Occupied HU | 487 (21.0%) |
| Vacant Housing Units | 336 (14.5%) |
| Median Home Value | $186,201 |
| Average Home Value | $229,222 |
Housing Distribution
Address Breakdown
Residential
2,136
Single Family
2,008
Multi-Family
128
Businesses
169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
