28549 River DrMass CityMI49948
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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
Investment property for sale in Mass City at 28549 River Dr, Mass City, MI, 49948 uses $74,588 cash to close to unlock $6,018/yr annual cash flow and $502/mo monthly cash flow. Total monthly income runs $1,985/mo, and a $1,101/mo payment keeps the spread at $502/mo. Purchase price stands at $225,000, and rental yield measures 10.59% with $1,985/mo rent. Return on cash invested shows 27.98% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 146.66% and total cumulative return in cash records $109,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,985/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in N/A
79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49948, Mass City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 459 (100%) |
| Owner Occupied HU | 224 (48.8%) |
| Renter Occupied HU | 24 ( 5.2%) |
| Vacant Housing Units | 211 (46.0%) |
| Median Home Value | $135,417 |
| Average Home Value | $164,643 |
Housing Distribution
Address Breakdown
Residential
160
Single Family
160
Multi-Family
0
Businesses
13
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