27869 M 60MendonMI49072
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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 Mendon at 27869 M 60, Mendon, MI, 49072 generates $2,190/mo in rent and, after a $1,566/mo payment, leaves $80/mo in cash flow. Total monthly income is $2,190/mo, and annual cash flow is $962/yr on $106,047 invested. Return on cash invested sits at 20.82% in year one, and rental yield is 8.22% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 108.28% and total cumulative return in cash sums $114,824. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,190/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49072, Mendon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,356 (100%) |
| Owner Occupied HU | 1,064 (78.5%) |
| Renter Occupied HU | 136 (10.0%) |
| Vacant Housing Units | 156 (11.5%) |
| Median Home Value | $215,044 |
| Average Home Value | $237,324 |
Housing Distribution
Address Breakdown
Residential
1,185
Single Family
1,185
Multi-Family
0
Businesses
59
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