3982 County Line Rd NEMancelonaMI49659
Nearby investment properties with comparable rents
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 Mancelona at 3982 County Line Rd NE, Mancelona, MI, 49659 at $340,000 posts ROI 23.91% with $376/mo cash flow from $2,618/mo rent. Total monthly income equals $2,618/mo, and annual cash flow records $4,512/yr on $112,710 to close. Return on cash invested measures 23.91% and rental yield reads 9.24% at the current $340,000. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 by year five. Five-year ROI prints 124.83% and total cumulative return in cash totals $140,694.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,618/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
2.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49659, Mancelona, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,599 (100%) |
| Owner Occupied HU | 2,407 (52.3%) |
| Renter Occupied HU | 437 ( 9.5%) |
| Vacant Housing Units | 1,755 (38.2%) |
| Median Home Value | $167,432 |
| Average Home Value | $208,685 |
Housing Distribution
Address Breakdown
Residential
2,679
Single Family
2,663
Multi-Family
16
Businesses
136
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