3549 D RdBark RiverMI49807
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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 Bark River at 3549 D Rd, Bark River, MI, 49807 uses $82,212 cash to close to unlock $6,641/yr annual cash flow and $553/mo monthly cash flow. Total monthly income runs $2,189/mo, and a $1,214/mo payment keeps the spread at $553/mo. Purchase price stands at $248,000, and rental yield measures 10.59% with $2,189/mo rent. Return on cash invested shows 27.99% in year one, and 5% annual appreciation builds toward $68,518 over five years. Five-year ROI reaches 146.73% and total cumulative return in cash records $120,630. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,189/mo property income covering a $1,214/mo payment rather than investor’s personal income.
Single Family
Built in 1900
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49807, Bark River, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,622 (100%) |
| Owner Occupied HU | 1,230 (75.8%) |
| Renter Occupied HU | 138 ( 8.5%) |
| Vacant Housing Units | 254 (15.7%) |
| Median Home Value | $187,500 |
| Average Home Value | $206,982 |
Housing Distribution
Address Breakdown
Residential
1,415
Single Family
1,385
Multi-Family
30
Businesses
48
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Listed by: JACOB HANSEN • PREMIER REAL ESTATE, INC.
Mls Name: Upper Peninsula AOR
Mls ID: #50186903