4319 Five Mile Point RdAllouezMI49805
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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 Allouez at 4319 Five Mile Point Rd, Allouez, MI, 49805 offers $2,004/mo rent that, after a $1,588/mo payment. Total monthly income is $2,004/mo. Return on cash invested measures 18.4% in year one, and rental yield stands at 7.41% at a $324,500 entry. Equity gained on principal adds $2,094/yr while 5% annual appreciation compounds into $89,653 by year five. Five-year ROI records 95.29% and total cumulative return in cash reaches $102,504. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,004/mo property income versus a $1,588/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49805, Allouez, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 392 (100%) |
| Owner Occupied HU | 288 (73.5%) |
| Renter Occupied HU | 20 ( 5.1%) |
| Vacant Housing Units | 84 (21.4%) |
| Median Home Value | $164,516 |
| Average Home Value | $220,582 |
Housing Distribution
Address Breakdown
Residential
201
Single Family
201
Multi-Family
0
Businesses
4
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Listed by: KRISTINE WEIDNER (JUKURI) • CENTURY 21 AFFILIATED
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50155736
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