4360 E Blanchard RdShepherdMI48883
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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 Shepherd at 4360 E Blanchard Rd, Shepherd, MI, 48883 priced at $254,900 pairs $3,026/mo rent with $1,345/mo cash flow after a $1,248/mo payment. Total monthly income equals $3,026/mo, and annual cash flow comes to $16,136/yr on $84,499 invested. Return on cash invested is 39.01% in year one, and rental yield stands at 14.25% on a $254,900 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,424 by year five. Five-year ROI measures 205.79% and total cumulative return in cash reaches $173,892. For financing, Ziffy Mortgage’s DSCR program evaluates $3,026/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2002
4.96 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Connie Tuck • CONNIE LYNN TUCK, REAL ESTATE BROKER
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1924761
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.