350 1st StSunfieldMI48890
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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 Sunfield at 350 1st St, Sunfield, MI, 48890 uses $66,300 cash to close to unlock $5,340/yr annual cash flow and $445/mo monthly cash flow. Total monthly income runs $1,764/mo, and a $979/mo payment keeps the spread at $445/mo. Purchase price stands at $200,000, and rental yield measures 10.58% with $1,764/mo rent. Return on cash invested shows 27.96% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 146.56% and total cumulative return in cash records $97,172. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,764/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1978
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48890, Sunfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 868 (100%) |
| Owner Occupied HU | 739 (85.1%) |
| Renter Occupied HU | 90 (10.4%) |
| Vacant Housing Units | 39 ( 4.5%) |
| Median Home Value | $283,427 |
| Average Home Value | $313,359 |
Housing Distribution
Address Breakdown
Residential
736
Single Family
712
Multi-Family
24
Businesses
48
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