2729 Ranney Rd SEast JordanMI49727
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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
Rental property for sale in East Jordan at 2729 Ranney Rd S, East Jordan, MI, 49727 priced at $393,300 pairs $3,558/mo rent with $964/mo cash flow after a $1,925/mo payment. Total monthly income equals $3,558/mo, and annual cash flow comes to $11,573/yr on $130,379 invested. Return on cash invested is 28.79% in year one, and rental yield stands at 10.86% on a $393,300 basis. Equity gained on principal adds $2,538/yr, and 5% annual appreciation accumulates to $108,662 by year five. Five-year ROI measures 150.99% and total cumulative return in cash reaches $196,860. For financing, Ziffy Mortgage’s DSCR program evaluates $3,558/mo property income against a $1,925/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49727, East Jordan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,429 (100%) |
| Owner Occupied HU | 2,638 (59.6%) |
| Renter Occupied HU | 449 (10.1%) |
| Vacant Housing Units | 1,342 (30.3%) |
| Median Home Value | $244,164 |
| Average Home Value | $346,946 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,607
Multi-Family
138
Businesses
177
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Listed by: N/A • N/A
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