251 Rasmussen DrTrufantMI49347
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
Rental property for sale in Trufant at 251 Rasmussen Dr, Trufant, MI, 49347 priced at $215,000 converts $1,823/mo rent into $406/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,823/mo, and annual cash flow totals $4,866/yr on $71,273 invested. Return on cash invested prints 26.74% in year one, and rental yield reads 10.17% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 140.02% and total cumulative return in cash sums $99,793. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,823/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1984
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49347, Trufant, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 482 (68.0%) |
| Renter Occupied HU | 52 ( 7.3%) |
| Vacant Housing Units | 175 (24.7%) |
| Median Home Value | $221,491 |
| Average Home Value | $225,176 |
Housing Distribution
Address Breakdown
Residential
589
Single Family
589
Multi-Family
0
Businesses
17
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