26441 S Point RdGoetzvilleMI49736
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 Goetzville at 26441 S Point Rd, Goetzville, MI, 49736 generates $1,508/mo in rent, after a $2,692/mo payment. Total monthly income is $1,508/mo. Return on cash invested sits at 6.01% in year one, and rental yield is 3.29% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 28.79% and total cumulative return in cash sums $52,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,508/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49736, Goetzville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 574 (100%) |
| Owner Occupied HU | 240 (41.8%) |
| Renter Occupied HU | 16 ( 2.8%) |
| Vacant Housing Units | 318 (55.4%) |
| Median Home Value | $159,559 |
| Average Home Value | $196,990 |
Housing Distribution
Address Breakdown
Residential
308
Single Family
308
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carly B. Woods • KW Northern Michigan Properties
Mls Name: EUPBR
Mls ID: #25-466