2942 Sycamore RdRepublicMI49879
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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 Republic at 2942 Sycamore Rd, Republic, MI, 49879 offers a 9.79% rental yield on a $219,900 purchase with $1,794/mo rent. Total monthly income registers $1,794/mo, and a $1,076/mo payment leaves $344/mo available for distribution. Annual cash flow reaches $4,130/yr on $72,897 to close, and return on cash invested stands at 25.57% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 133.82% and total cumulative return in cash at $97,552. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,794/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49879, Republic, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 969 (100%) |
| Owner Occupied HU | 441 (45.5%) |
| Renter Occupied HU | 53 ( 5.5%) |
| Vacant Housing Units | 475 (49.0%) |
| Median Home Value | $173,661 |
| Average Home Value | $266,514 |
Housing Distribution
Address Breakdown
Residential
545
Single Family
513
Multi-Family
32
Businesses
37
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