305 N 4th 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 305 N 4th St, Shepherd, MI, 48883 earns $385/mo cash flow from $1,463/mo rent with a $800/mo payment. Total monthly income totals $1,463/mo, and annual cash flow totals $4,623/yr on $54,167 capital. ROI tracks 28.44% on current figures, and rental yield reads 10.74% at a $163,400 purchase. Equity gained on principal adds $1,054/yr, and 5% annual appreciation supports $45,144 over five years. Five-year ROI reaches 149.21% and total cumulative return in cash sums $80,821. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,463/mo property income instead of your personal income.
Single Family
Built in 1974
10,018 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Patricia Zamarron • CENTRAL REAL ESTATE MT PLEASANT, INC.
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1937227
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.