396 Hamilton AveKingsfordMI49802
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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 Kingsford at 396 Hamilton Ave, Kingsford, MI, 49802 earns $2,034/mo cash flow from $3,221/mo rent with a $881/mo payment. Total monthly income totals $3,221/mo, and annual cash flow totals $24,410/yr on $59,637 capital. ROI tracks 60.84% on current figures, and rental yield reads 21.49% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 322.93% and total cumulative return in cash sums $192,585. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,221/mo property income instead of your personal income.
Single Family
Built in 1925
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: JEFF HARRY • STEPHENS REAL ESTATE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50153680
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.