3247 E Gogomain RdPickfordMI49774
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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
Total monthly income runs $1,786/mo, and a $1,517/mo payment. Purchase price stands at $310,000, and rental yield measures 6.91% with $1,786/mo rent. Return on cash invested shows 16.9% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 87.2% and total cumulative return in cash records $89,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,786/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1970
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49774, Pickford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,039 (100%) |
| Owner Occupied HU | 647 (62.3%) |
| Renter Occupied HU | 45 ( 4.3%) |
| Vacant Housing Units | 347 (33.4%) |
| Median Home Value | $169,093 |
| Average Home Value | $206,696 |
Housing Distribution
Address Breakdown
Residential
630
Single Family
630
Multi-Family
0
Businesses
51
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