434 W Tuscola StFrankenmuthMI48734
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
Rental property for sale in Frankenmuth at 434 W Tuscola St, Frankenmuth, MI, 48734 priced at $234,900 converts $2,377/mo rent into $828/mo cash flow after a $1,150/mo obligation. Total monthly income equals $2,377/mo, and annual cash flow totals $9,932/yr on $77,869 invested. Return on cash invested prints 32.66% in year one, and rental yield reads 12.14% against a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,899 by year five. Five-year ROI reaches 171.78% and total cumulative return in cash sums $133,761. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,377/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 1937
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48734, Frankenmuth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,489 (100%) |
| Owner Occupied HU | 2,548 (73.0%) |
| Renter Occupied HU | 615 (17.6%) |
| Vacant Housing Units | 326 ( 9.3%) |
| Median Home Value | $293,473 |
| Average Home Value | $343,000 |
Housing Distribution
Address Breakdown
Residential
3,371
Single Family
3,036
Multi-Family
335
Businesses
442
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Listed by: Kenneth Knieling • Century 21 Signature - Frankenmuth
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50155040
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