31680 Mc NameeFraserMI48026
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fraser at 31680 Mc Namee, Fraser, MI, 48026 listed at $310,000 pairs $2,255/mo rent with a $1,517/mo payment to leave $211/mo cash flow. Total monthly income runs $2,255/mo, and annual cash flow reaches $2,532/yr on $102,765 cash to close. Return on cash invested measures 22.37% in year one, and rental yield registers 8.73% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 116.58% and total cumulative return in cash totals $119,803. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,255/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48026, Fraser, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,453 (100%) |
| Owner Occupied HU | 4,624 (71.7%) |
| Renter Occupied HU | 1,687 (26.1%) |
| Vacant Housing Units | 142 ( 2.2%) |
| Median Home Value | $217,434 |
| Average Home Value | $243,374 |
Housing Distribution
Address Breakdown
Residential
6,372
Single Family
5,658
Multi-Family
714
Businesses
679
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices