3270 S Baker Side RdSault Sainte MarieMI49783
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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 $2,677/mo, and a $2,031/mo payment. Purchase price stands at $415,000, and rental yield measures 7.74% with $2,677/mo rent. Return on cash invested shows 19.39% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 100.61% and total cumulative return in cash records $138,405. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,677/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1990
10.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49783, Sault Sainte Marie, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,064 (100%) |
| Owner Occupied HU | 5,407 (59.7%) |
| Renter Occupied HU | 2,442 (26.9%) |
| Vacant Housing Units | 1,215 (13.4%) |
| Median Home Value | $160,218 |
| Average Home Value | $183,626 |
Housing Distribution
Address Breakdown
Residential
8,365
Single Family
7,421
Multi-Family
944
Businesses
807
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Listed by: STEVE SANDERSON • Smith & Company Real Estate
Mls Name: EUPBR
Mls Provider:
Mls ID: #24-710
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.