23240 China RdNisulaMI49952
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 Nisula at 23240 China Rd, Nisula, MI, 49952 listed at $115,000 pairs $877/mo rent with a $563/mo payment to leave $119/mo cash flow. Total monthly income runs $877/mo, and annual cash flow reaches $1,422/yr on $38,123 cash to close. Return on cash invested measures 23.64% in year one, and rental yield registers 9.15% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 123.42% and total cumulative return in cash totals $47,049. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $877/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
14 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices