301 S 7th StEscanabaMI49829
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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 Escanaba at 301 S 7th St, Escanaba, MI, 49829 with 5% annual appreciation on a $449,000 basis while $4,290/mo rent supports operations. Total monthly income totals $4,290/mo and a $2,198/mo payment preserves $1,329/mo for cash returns. Annual cash flow comes to $15,944/yr on $148,844 deployed, and return on cash invested reaches 30.62% in year one. Equity gained on principal adds $2,897/yr, and five-year appreciation sums $124,050 alongside rental yield of 11.47%. Five-year ROI measures 160.82% and total cumulative return in cash totals $239,368.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,290/mo property income versus a $2,198/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49829, Escanaba, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,382 (100%) |
| Owner Occupied HU | 5,369 (64.1%) |
| Renter Occupied HU | 2,181 (26.0%) |
| Vacant Housing Units | 832 ( 9.9%) |
| Median Home Value | $144,349 |
| Average Home Value | $166,997 |
Housing Distribution
Address Breakdown
Residential
7,850
Single Family
7,181
Multi-Family
669
Businesses
984
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