2690 Winegar RdBancroftMI48414
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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 Bancroft at 2690 Winegar Rd, Bancroft, MI, 48414 earns from $1,654/mo rent with a $1,468/mo payment. Total monthly income totals $1,654/mo. ROI tracks 16% on current figures, and rental yield reads 6.62% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 82.46% and total cumulative return in cash sums $81,976. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,654/mo property income instead of your personal income.
Single Family
Built in 1978
4.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48414, Bancroft, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 991 (100%) |
| Owner Occupied HU | 825 (83.2%) |
| Renter Occupied HU | 75 ( 7.6%) |
| Vacant Housing Units | 91 ( 9.2%) |
| Median Home Value | $225,208 |
| Average Home Value | $250,770 |
Housing Distribution
Address Breakdown
Residential
883
Single Family
883
Multi-Family
0
Businesses
22
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