303 N 5th StShepherdMI48883
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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 Shepherd at 303 N 5th St, Shepherd, MI, 48883 offers a 9.02% rental yield on a $109,000 purchase with $819/mo rent. Total monthly income registers $819/mo, and a $534/mo payment leaves $100/mo available for distribution. Annual cash flow reaches $1,196/yr on $36,134 to close, and return on cash invested stands at 23.22% in year one. Equity gained on principal adds $703/yr while 5% annual appreciation supports $30,115 over five years. Portfolio math shows five-year ROI at 121.18% and total cumulative return in cash at $43,786. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $819/mo property income against a $534/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.27 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices