381 Churchgrove RdFrankenmuthMI48734
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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 Frankenmuth at 381 Churchgrove Rd, Frankenmuth, MI, 48734 generates $1,831/mo in rent, after a $1,689/mo payment. Total monthly income is $1,831/mo. Return on cash invested sits at 15.25% in year one, and rental yield is 6.37% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 78.37% and total cumulative return in cash sums $89,632. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,831/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48734, Frankenmuth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,489 (100%) |
| Owner Occupied HU | 2,548 (73.0%) |
| Renter Occupied HU | 615 (17.6%) |
| Vacant Housing Units | 326 ( 9.3%) |
| Median Home Value | $293,473 |
| Average Home Value | $343,000 |
Housing Distribution
Address Breakdown
Residential
3,371
Single Family
3,036
Multi-Family
335
Businesses
442
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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