259 E Hillsdale DrRoscommonMI48653
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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 Roscommon at 259 E Hillsdale Dr, Roscommon, MI, 48653 listed at $218,900 pairs $1,586/mo rent with a $1,071/mo payment to leave $143/mo cash flow. Total monthly income runs $1,586/mo, and annual cash flow reaches $1,714/yr on $72,565 cash to close. Return on cash invested measures 22.27% in year one, and rental yield registers 8.69% at a $218,900 basis. Equity gained on principal adds $1,413/yr, and annual property appreciation at 5% supports $60,478 by year five. Five-year ROI tracks 116.04% and total cumulative return in cash totals $84,206. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,586/mo property income relative to a $1,071/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48653, Roscommon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,279 (100%) |
| Owner Occupied HU | 4,207 (40.9%) |
| Renter Occupied HU | 576 ( 5.6%) |
| Vacant Housing Units | 5,496 (53.5%) |
| Median Home Value | $191,323 |
| Average Home Value | $270,341 |
Housing Distribution
Address Breakdown
Residential
5,750
Single Family
5,638
Multi-Family
112
Businesses
285
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Listed by: Angela Farrington • KW Northern Michigan Team Partners
Mls Name: WWMLS
Mls Provider:
Mls ID: #201833987
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