4290 W Five Mile RdSault Sainte MarieMI49783
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 Sault Sainte Marie at 4290 W Five Mile Rd, Sault Sainte Marie, MI, 49783 at $139,900 posts ROI 76.32% with $2,180/mo cash flow from $3,103/mo rent. Total monthly income equals $3,103/mo, and annual cash flow records $26,162/yr on $46,377 to close. Return on cash invested measures 76.32% and rental yield reads 26.62% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 405.98% and total cumulative return in cash totals $188,283.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,103/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2005
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49783, Sault Sainte Marie, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,064 (100%) |
| Owner Occupied HU | 5,407 (59.7%) |
| Renter Occupied HU | 2,442 (26.9%) |
| Vacant Housing Units | 1,215 (13.4%) |
| Median Home Value | $160,218 |
| Average Home Value | $183,626 |
Housing Distribution
Address Breakdown
Residential
8,365
Single Family
7,421
Multi-Family
944
Businesses
807
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Nearby investment properties with comparable prices
Listed by: Mary Jo Weston • Smith & Company Real Estate
Mls Name: EUPBR
Mls Provider:
Mls ID: #24-759
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.