2715 Cash RdApplegateMI48401
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
Investment property for sale in Applegate at 2715 Cash Rd, Applegate, MI, 48401 offers a 3.74% rental yield on a $534,900 purchase with $1,667/mo rent. 37% in year one. Equity gained on principal adds $3,452/yr while 5% annual appreciation supports $147,783 over five years. Portfolio math shows five-year ROI at 36.13% and total cumulative return in cash at $63,585. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,667/mo property income against a $2,618/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
3.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48401, Applegate, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 758 (100%) |
| Owner Occupied HU | 527 (69.5%) |
| Renter Occupied HU | 73 ( 9.6%) |
| Vacant Housing Units | 158 (20.8%) |
| Median Home Value | $200,301 |
| Average Home Value | $243,463 |
Housing Distribution
Address Breakdown
Residential
573
Single Family
573
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Wagester • Town & Country Realty-Lexington
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50167680
Disclaimer: Source MLS: MiRealSource Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. [Click here for more information](/mls-disclaimers/#261)