234 E Wright AveShepherdMI48883
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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 Shepherd at 234 E Wright Ave, Shepherd, MI, 48883 at $165,000 posts ROI 26.44% with $298/mo cash flow from $1,386/mo rent. Total monthly income equals $1,386/mo, and annual cash flow records $3,570/yr on $54,698 to close. Return on cash invested measures 26.44% and rental yield reads 10.08% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 138.43% and total cumulative return in cash totals $75,719.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,386/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
8,712 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Alyssa Hamilton • RESULTS REALTY
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1937756
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.