400 W Tuscola StFrankenmuthMI48734
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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 400 W Tuscola St, Frankenmuth, MI, 48734 priced at $650,000 converts $3,353/mo rent into after a $3,181/mo obligation. Total monthly income equals $3,353/mo. Return on cash invested prints 14.82% in year one, and rental yield reads 6.19% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 76.07% and total cumulative return in cash sums $162,686. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,353/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1941
0.96 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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Listed by: Coleen Hetzner • Century 21 Signature - Frankenmuth
Mls Name: MiRealSource
Mls ID: #50184058