4203 E Maple Ridge 37th RdRockMI49880
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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 Rock at 4203 E Maple Ridge 37th Rd, Rock, MI, 49880 generates $1,388/mo in rent and, after a $881/mo payment, leaves $148/mo in cash flow. Total monthly income is $1,388/mo, and annual cash flow is $1,777/yr on $59,670 invested. Return on cash invested sits at 22.89% in year one, and rental yield is 9.25% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 119.83% and total cumulative return in cash sums $71,501. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,388/mo property income rather than buyer’s personal income.
Single Family
Built in 1917
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49880, Rock, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 773 (100%) |
| Owner Occupied HU | 467 (60.4%) |
| Renter Occupied HU | 24 ( 3.1%) |
| Vacant Housing Units | 282 (36.5%) |
| Median Home Value | $175,750 |
| Average Home Value | $209,234 |
Housing Distribution
Address Breakdown
Residential
435
Single Family
435
Multi-Family
0
Businesses
19
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Listed by: ROBERT J PETERSEN • STATE WIDE REAL ESTATE OF ESCANABA
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50176115
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.