2730 Gorton RdLuzerneMI48636
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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 Luzerne at 2730 Gorton Rd, Luzerne, MI, 48636 generates $972/mo in rent, after a $734/mo payment. Total monthly income is $972/mo. Return on cash invested sits at 19.5% in year one, and rental yield is 7.78% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 101.28% and total cumulative return in cash sums $50,327. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $972/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48636, Luzerne, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 551 (100%) |
| Owner Occupied HU | 268 (48.6%) |
| Renter Occupied HU | 47 ( 8.5%) |
| Vacant Housing Units | 236 (42.8%) |
| Median Home Value | $128,788 |
| Average Home Value | $186,175 |
Housing Distribution
Address Breakdown
Residential
346
Single Family
346
Multi-Family
0
Businesses
23
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