252 W Carbon StGwinnMI49841
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
Total monthly income runs $1,194/mo, and a $1,317/mo payment. Purchase price stands at $269,000, and rental yield measures 5.33% with $1,194/mo rent. Return on cash invested shows 12.1% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 61.51% and total cumulative return in cash records $54,851. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,194/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49841, Gwinn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,101 (100%) |
| Owner Occupied HU | 2,051 (50.0%) |
| Renter Occupied HU | 1,197 (29.2%) |
| Vacant Housing Units | 853 (20.8%) |
| Median Home Value | $200,129 |
| Average Home Value | $233,729 |
Housing Distribution
Address Breakdown
Residential
2,917
Single Family
2,861
Multi-Family
56
Businesses
157
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MICHAEL GOLISEK • RE/MAX 1ST REALTY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50153010
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.