281 Bertrand StSaint IgnaceMI49781
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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 Saint Ignace at 281 Bertrand St, Saint Ignace, MI, 49781 priced at $199,000 pairs $1,468/mo rent with $156/mo cash flow after a $974/mo payment. Total monthly income equals $1,468/mo, and annual cash flow comes to $1,868/yr on $65,969 invested. Return on cash invested is 22.74% in year one, and rental yield stands at 8.85% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 118.59% and total cumulative return in cash reaches $78,234. For financing, Ziffy Mortgage’s DSCR program evaluates $1,468/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49781, Saint Ignace, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,663 (100%) |
| Owner Occupied HU | 1,415 (53.1%) |
| Renter Occupied HU | 507 (19.0%) |
| Vacant Housing Units | 741 (27.8%) |
| Median Home Value | $170,180 |
| Average Home Value | $232,984 |
Housing Distribution
Address Breakdown
Residential
1,947
Single Family
1,766
Multi-Family
181
Businesses
232
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Listed by: N/A • N/A
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Mls ID: #N/A