2690 Walker RdCarsonvilleMI48419
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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 Carsonville at 2690 Walker Rd, Carsonville, MI, 48419 listed at $340,000 pairs $2,641/mo rent with a $1,664/mo payment to leave $399/mo cash flow. Total monthly income runs $2,641/mo, and annual cash flow reaches $4,788/yr on $112,710 cash to close. Return on cash invested measures 24.16% in year one, and rental yield registers 9.32% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 126.14% and total cumulative return in cash totals $142,170. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,641/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
5.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48419, Carsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,318 (100%) |
| Owner Occupied HU | 808 (61.3%) |
| Renter Occupied HU | 150 (11.4%) |
| Vacant Housing Units | 360 (27.3%) |
| Median Home Value | $216,818 |
| Average Home Value | $269,087 |
Housing Distribution
Address Breakdown
Residential
1,128
Single Family
1,128
Multi-Family
0
Businesses
35
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Listed by: James Mangiapane • Residential Real Estate, Inc.
Mls Name: MichRIC
Mls ID: #25051413