23020 Kiviranta RdNisulaMI49952
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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 Nisula at 23020 Kiviranta Rd, Nisula, MI, 49952 earns $145/mo cash flow from $1,134/mo rent with a $734/mo payment. Total monthly income totals $1,134/mo, and annual cash flow totals $1,740/yr on $49,725 capital. ROI tracks 23.41% on current figures, and rental yield reads 9.07% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 122.12% and total cumulative return in cash sums $60,726. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,134/mo property income instead of your personal income.
Single Family
Built in 1915
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49952, Nisula, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 76 (100%) |
| Owner Occupied HU | 39 (51.3%) |
| Renter Occupied HU | 3 ( 3.9%) |
| Vacant Housing Units | 34 (44.7%) |
| Median Home Value | $108,929 |
| Average Home Value | $152,564 |
Housing Distribution
Address Breakdown
Residential
49
Single Family
49
Multi-Family
0
Businesses
5
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