4047 D RdBark RiverMI49807
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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 Bark River at 4047 D Rd, Bark River, MI, 49807 generates $843/mo in rent and, after a $514/mo payment, leaves $151/mo in cash flow. Total monthly income is $843/mo, and annual cash flow is $1,806/yr on $34,808 invested. Return on cash invested sits at 25.1% in year one, and rental yield is 9.63% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 131.29% and total cumulative return in cash sums $45,698. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $843/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
1.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49807, Bark River, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,622 (100%) |
| Owner Occupied HU | 1,230 (75.8%) |
| Renter Occupied HU | 138 ( 8.5%) |
| Vacant Housing Units | 254 (15.7%) |
| Median Home Value | $187,500 |
| Average Home Value | $206,982 |
Housing Distribution
Address Breakdown
Residential
1,415
Single Family
1,385
Multi-Family
30
Businesses
48
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Listed by: TAMMY GARLING • KEY REALTY DELTA COUNTY LLC
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50189034
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.