435 E Maple StGladwinMI48624
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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 Gladwin at 435 E Maple St, Gladwin, MI, 48624 priced at $104,500 pairs $830/mo rent with $141/mo cash flow after a $511/mo payment. Total monthly income equals $830/mo, and annual cash flow comes to $1,696/yr on $34,642 invested. Return on cash invested is 24.81% in year one, and rental yield stands at 9.53% on a $104,500 basis. Equity gained on principal adds $674/yr, and 5% annual appreciation accumulates to $28,871 by year five. Five-year ROI measures 129.7% and total cumulative return in cash reaches $44,929. For financing, Ziffy Mortgage’s DSCR program evaluates $830/mo property income against a $511/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48624, Gladwin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,057 (100%) |
| Owner Occupied HU | 5,951 (53.8%) |
| Renter Occupied HU | 1,003 ( 9.1%) |
| Vacant Housing Units | 4,103 (37.1%) |
| Median Home Value | $189,218 |
| Average Home Value | $229,918 |
Housing Distribution
Address Breakdown
Residential
8,459
Single Family
8,196
Multi-Family
263
Businesses
518
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