3330 Commodore DrEast JordanMI49727
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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 East Jordan at 3330 Commodore Dr, East Jordan, MI, 49727 with 5% annual appreciation on a $569,000 basis while $4,042/mo rent supports operations. Total monthly income totals $4,042/mo and a $2,785/mo payment preserves $290/mo for cash returns. Annual cash flow comes to $3,476/yr on $187,201 deployed, and return on cash invested reaches 21.92% in year one. Equity gained on principal adds $3,672/yr, and five-year appreciation sums $157,204 alongside rental yield of 8.52%. Five-year ROI measures 114.11% and total cumulative return in cash totals $213,611.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,042/mo property income versus a $2,785/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49727, East Jordan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,429 (100%) |
| Owner Occupied HU | 2,638 (59.6%) |
| Renter Occupied HU | 449 (10.1%) |
| Vacant Housing Units | 1,342 (30.3%) |
| Median Home Value | $244,164 |
| Average Home Value | $346,946 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,607
Multi-Family
138
Businesses
177
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Listed by: Bob Simpson • Coldwell Banker Schmidt - Boyne City
Mls Name: Northern Michigan MLS
Mls ID: #477832