313 Garfield StKingsfordMI49802
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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 Kingsford at 313 Garfield St, Kingsford, MI, 49802 earns $543/mo cash flow from $1,990/mo rent with a $1,074/mo payment. Total monthly income totals $1,990/mo, and annual cash flow totals $6,514/yr on $72,764 capital. ROI tracks 28.86% on current figures, and rental yield reads 10.88% at a $219,500 purchase. Equity gained on principal adds $1,416/yr, and 5% annual appreciation supports $60,644 over five years. Five-year ROI reaches 151.39% and total cumulative return in cash sums $110,158. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,990/mo property income instead of your personal income.
Single Family
Built in 1959
0.29 Acres lot
$N/A/sqft
No HOA
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Listed by: STEVE HARRIS • HARRIS STATE WIDE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50150949
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.