335 S 4th StRogers CityMI49779
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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 Rogers City at 335 S 4th St, Rogers City, MI, 49779 priced at $135,000 converts $1,033/mo rent into $143/mo cash flow after a $661/mo obligation. Total monthly income equals $1,033/mo, and annual cash flow totals $1,710/yr on $44,753 invested. Return on cash invested prints 23.73% in year one, and rental yield reads 9.18% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 123.91% and total cumulative return in cash sums $55,453. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,033/mo property income covering a $661/mo payment, not borrower’s personal income.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49779, Rogers City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,753 (100%) |
| Owner Occupied HU | 1,871 (68.0%) |
| Renter Occupied HU | 384 (13.9%) |
| Vacant Housing Units | 498 (18.1%) |
| Median Home Value | $139,640 |
| Average Home Value | $191,639 |
Housing Distribution
Address Breakdown
Residential
2,337
Single Family
2,184
Multi-Family
153
Businesses
226
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Listed by: Mark Bleuer • Allstate Properties.com
Mls Name: MiRealSource
Mls ID: #50173361