300 Kirkshire AveRoscommonMI48653
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 Roscommon at 300 Kirkshire Ave, Roscommon, MI, 48653 at $179,000 posts ROI 23.93% with $199/mo cash flow from $1,379/mo rent. Total monthly income equals $1,379/mo, and annual cash flow records $2,384/yr on $59,339 to close. Return on cash invested measures 23.93% and rental yield reads 9.24% at the current $179,000. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 by year five. Five-year ROI prints 124.92% and total cumulative return in cash totals $74,127.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,379/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48653, Roscommon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,279 (100%) |
| Owner Occupied HU | 4,207 (40.9%) |
| Renter Occupied HU | 576 ( 5.6%) |
| Vacant Housing Units | 5,496 (53.5%) |
| Median Home Value | $191,323 |
| Average Home Value | $270,341 |
Housing Distribution
Address Breakdown
Residential
5,750
Single Family
5,638
Multi-Family
112
Businesses
285
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