2310 Remington DrKingsleyMI49649
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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
Rental property for sale in Kingsley at 2310 Remington Dr, Kingsley, MI, 49649 priced at $364,900 pairs $2,627/mo rent with $221/mo cash flow after a $1,786/mo payment. Total monthly income equals $2,627/mo, and annual cash flow comes to $2,648/yr on $120,964 invested. Return on cash invested is 22.1% in year one, and rental yield stands at 8.64% on a $364,900 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,815 by year five. Five-year ROI measures 115.12% and total cumulative return in cash reaches $139,260. For financing, Ziffy Mortgage’s DSCR program evaluates $2,627/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49649, Kingsley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,717 (100%) |
| Owner Occupied HU | 2,177 (80.1%) |
| Renter Occupied HU | 345 (12.7%) |
| Vacant Housing Units | 195 ( 7.2%) |
| Median Home Value | $317,683 |
| Average Home Value | $356,690 |
Housing Distribution
Address Breakdown
Residential
2,464
Single Family
2,464
Multi-Family
0
Businesses
97
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