2943 Quarry RdPort AustinMI48467
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Port Austin at 2943 Quarry Rd, Port Austin, MI, 48467 at $349,000 posts ROI 10.77% with from $1,420/mo rent. Total monthly income equals $1,420/mo. Return on cash invested measures 10.77% and rental yield reads 4.88% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 54.35% and total cumulative return in cash totals $62,880. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,420/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 9999
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48467, Port Austin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,765 (100%) |
| Owner Occupied HU | 966 (34.9%) |
| Renter Occupied HU | 170 ( 6.1%) |
| Vacant Housing Units | 1,629 (58.9%) |
| Median Home Value | $196,196 |
| Average Home Value | $261,638 |
Housing Distribution
Address Breakdown
Residential
1,152
Single Family
1,130
Multi-Family
22
Businesses
110
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Nearby investment properties with comparable prices
Listed by: Rose Cooper • Hagle Real Estate
Mls Name: EUPBR
Mls Provider:
Mls ID: #25-163
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.