317 Lane AveKingsfordMI49802
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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 317 Lane Ave, Kingsford, MI, 49802 listed at $163,500 pairs $1,244/mo rent with a $800/mo payment to leave $166/mo cash flow. Total monthly income runs $1,244/mo, and annual cash flow reaches $1,992/yr on $54,200 cash to close. Return on cash invested measures 23.59% in year one, and rental yield registers 9.13% at a $163,500 basis. Equity gained on principal adds $1,055/yr, and annual property appreciation at 5% supports $45,172 by year five. Five-year ROI tracks 123.2% and total cumulative return in cash totals $66,776. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,244/mo property income relative to a $800/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
5,227 sqft lot
$N/A/sqft
No HOA
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Listed by: AMBER HICKS • RE/MAX NORTH COUNTRY - FLORENCE
Mls Name: GNMLS
Mls Provider:
Mls ID: #212133
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