316 S Bullock StWhittemoreMI48770
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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
Rental property for sale in Whittemore at 316 S Bullock St, Whittemore, MI, 48770 priced at $174,900 pairs $802/mo rent with after a $856/mo payment. Total monthly income equals $802/mo. Return on cash invested is 12.64% in year one, and rental yield stands at 5.5% on a $174,900 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,322 by year five. Five-year ROI measures 64.39% and total cumulative return in cash reaches $37,332. For financing, Ziffy Mortgage’s DSCR program evaluates $802/mo property income against a $856/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48770, Whittemore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 993 (100%) |
| Owner Occupied HU | 628 (63.2%) |
| Renter Occupied HU | 121 (12.2%) |
| Vacant Housing Units | 244 (24.6%) |
| Median Home Value | $154,452 |
| Average Home Value | $213,818 |
Housing Distribution
Address Breakdown
Residential
793
Single Family
769
Multi-Family
24
Businesses
42
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Listed by: Thomas A Rumble • EXP Realty LLC
Mls Name: MichRIC
Mls ID: #24027200