2962 N Johnson RdTrufantMI49347
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
Rental property for sale in Trufant at 2962 N Johnson Rd, Trufant, MI, 49347 priced at $277,000 pairs $2,124/mo rent with $297/mo cash flow after a $1,356/mo payment. Total monthly income equals $2,124/mo, and annual cash flow comes to $3,565/yr on $91,826 invested. Return on cash invested is 23.79% in year one, and rental yield stands at 9.2% on a $277,000 basis. Equity gained on principal adds $1,787/yr, and 5% annual appreciation accumulates to $76,530 by year five. Five-year ROI measures 124.23% and total cumulative return in cash reaches $114,075. For financing, Ziffy Mortgage’s DSCR program evaluates $2,124/mo property income against a $1,356/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49347, Trufant, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 482 (68.0%) |
| Renter Occupied HU | 52 ( 7.3%) |
| Vacant Housing Units | 175 (24.7%) |
| Median Home Value | $221,491 |
| Average Home Value | $225,176 |
Housing Distribution
Address Breakdown
Residential
589
Single Family
589
Multi-Family
0
Businesses
17
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