3289 N Ferris RdSumnerMI48889
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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 Sumner at 3289 N Ferris Rd, Sumner, MI, 48889 listed at $355,900 pairs $1,526/mo rent with a $1,742/mo payment. Total monthly income runs $1,526/mo. Return on cash invested measures 11.56% in year one, and rental yield registers 5.15% at a $355,900 basis. Equity gained on principal adds $2,297/yr, and annual property appreciation at 5% supports $98,329 by year five. Five-year ROI tracks 58.58% and total cumulative return in cash totals $69,114. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,526/mo property income relative to a $1,742/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48889, Sumner, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 622 (100%) |
| Owner Occupied HU | 482 (77.5%) |
| Renter Occupied HU | 102 (16.4%) |
| Vacant Housing Units | 38 ( 6.1%) |
| Median Home Value | $170,089 |
| Average Home Value | $201,748 |
Housing Distribution
Address Breakdown
Residential
547
Single Family
547
Multi-Family
0
Businesses
12
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