35 Union StMohawkMI49950
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mohawk at 35 Union St, Mohawk, MI, 49950 generates $844/mo in rent and, after a $538/mo payment, leaves $119/mo in cash flow. Total monthly income is $844/mo, and annual cash flow is $1,428/yr on $36,465 invested. Return on cash invested sits at 23.83% in year one, and rental yield is 9.21% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 124.39% and total cumulative return in cash sums $45,360. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $844/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49950, Mohawk, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,498 (100%) |
| Owner Occupied HU | 496 (33.1%) |
| Renter Occupied HU | 66 ( 4.4%) |
| Vacant Housing Units | 936 (62.5%) |
| Median Home Value | $175,962 |
| Average Home Value | $250,680 |
Housing Distribution
Address Breakdown
Residential
554
Single Family
554
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices