2473 Old Kawkawlin RdKawkawlinMI48631
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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 Kawkawlin at 2473 Old Kawkawlin Rd, Kawkawlin, MI, 48631 uses $66,267 cash to close to unlock $4,178/yr annual cash flow and $348/mo monthly cash flow. Total monthly income runs $1,666/mo, and a $978/mo payment keeps the spread at $348/mo. Purchase price stands at $199,900, and rental yield measures 10% with $1,666/mo rent. Return on cash invested shows 26.21% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 137.25% and total cumulative return in cash records $90,949. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,666/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48631, Kawkawlin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,082 (100%) |
| Owner Occupied HU | 1,743 (83.7%) |
| Renter Occupied HU | 201 ( 9.7%) |
| Vacant Housing Units | 138 ( 6.6%) |
| Median Home Value | $196,294 |
| Average Home Value | $231,725 |
Housing Distribution
Address Breakdown
Residential
1,856
Single Family
1,856
Multi-Family
0
Businesses
134
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