406 Maple StBerglandMI49910
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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 Bergland at 406 Maple St, Bergland, MI, 49910 offers a 9.02% rental yield on a $215,000 purchase with $1,616/mo rent. Total monthly income registers $1,616/mo, and a $1,052/mo payment leaves $199/mo available for distribution. Annual cash flow reaches $2,382/yr on $71,273 to close, and return on cash invested stands at 23.25% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 121.33% and total cumulative return in cash at $86,473. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,616/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49910, Bergland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 179 (41.5%) |
| Renter Occupied HU | 23 ( 5.3%) |
| Vacant Housing Units | 229 (53.1%) |
| Median Home Value | $253,676 |
| Average Home Value | $240,168 |
Housing Distribution
Address Breakdown
Residential
43
Single Family
43
Multi-Family
0
Businesses
26
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