3649 Coash RdVanderbiltMI49795
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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
Investment property for sale in Vanderbilt at 3649 Coash Rd, Vanderbilt, MI, 49795 earns $3,727/mo cash flow from $5,507/mo rent with a $1,321/mo payment. Total monthly income totals $5,507/mo, and annual cash flow totals $44,726/yr on $89,472 capital. ROI tracks 69.9% on current figures, and rental yield reads 24.48% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 371.48% and total cumulative return in cash sums $332,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,507/mo property income instead of your personal income.
Single Family
Built in N/A
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49795, Vanderbilt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 689 (56.3%) |
| Renter Occupied HU | 185 (15.1%) |
| Vacant Housing Units | 349 (28.5%) |
| Median Home Value | $189,366 |
| Average Home Value | $265,581 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
780
Multi-Family
20
Businesses
45
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Nearby investment properties with comparable prices
Listed by: Mike Tomczak • Mike Tomczak Realty
Mls Name: Northern Michigan MLS
Mls Provider:
Mls ID: #474260
Disclaimer: Copyright Northern Michigan MLS (NM-MLSX). All rights reserved. Information is deemed reliable but not guaranteed.