247 W Jenks RdFenwickMI48834
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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 Fenwick at 247 W Jenks Rd, Fenwick, MI, 48834 earns $147/mo cash flow from $965/mo rent with a $607/mo payment. Total monthly income totals $965/mo, and annual cash flow totals $1,766/yr on $41,106 capital. ROI tracks 24.21% on current figures, and rental yield reads 9.34% at a $124,000 purchase. Equity gained on principal adds $800/yr, and 5% annual appreciation supports $34,259 over five years. Five-year ROI reaches 126.53% and total cumulative return in cash sums $52,011. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $965/mo property income instead of your personal income.
Single Family
Built in 1989
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48834, Fenwick, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,061 (100%) |
| Owner Occupied HU | 844 (79.5%) |
| Renter Occupied HU | 119 (11.2%) |
| Vacant Housing Units | 98 ( 9.2%) |
| Median Home Value | $221,131 |
| Average Home Value | $260,749 |
Housing Distribution
Address Breakdown
Residential
926
Single Family
926
Multi-Family
0
Businesses
9
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