321 N Maple AveGaylordMI49735
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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 Gaylord at 321 N Maple Ave, Gaylord, MI, 49735 priced at $284,900 converts $1,906/mo rent into $28/mo cash flow after a $1,394/mo obligation. Total monthly income equals $1,906/mo, and annual cash flow totals $332/yr on $94,444 invested. Return on cash invested prints 20.26% in year one, and rental yield reads 8.03% against a $284,900 entry. Equity gained on principal adds $1,838/yr, while 5% annual appreciation compiles into $78,713 by year five. Five-year ROI reaches 105.27% and total cumulative return in cash sums $99,419. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,906/mo property income covering a $1,394/mo payment, not borrower’s personal income.
Single Family
Built in 1984
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49735, Gaylord, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,592 (100%) |
| Owner Occupied HU | 6,690 (57.7%) |
| Renter Occupied HU | 2,091 (18.0%) |
| Vacant Housing Units | 2,811 (24.2%) |
| Median Home Value | $227,968 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
9,514
Single Family
8,967
Multi-Family
547
Businesses
768
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