4367 E Michigan AveAu GresMI48703
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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
Investment property for sale in Au Gres at 4367 E Michigan Ave, Au Gres, MI, 48703 with 5% annual appreciation on a $249,900 basis while $3,059/mo rent supports operations. Total monthly income totals $3,059/mo and a $1,223/mo payment preserves $1,408/mo for cash returns. Annual cash flow comes to $16,899/yr on $82,842 deployed, and return on cash invested reaches 40.31% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 14.69%. Five-year ROI measures 212.82% and total cumulative return in cash totals $176,306.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,059/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
0.43 Acres lot
$N/A/sqft
$35 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48703, Au Gres, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,923 (100%) |
| Owner Occupied HU | 1,325 (45.3%) |
| Renter Occupied HU | 216 ( 7.4%) |
| Vacant Housing Units | 1,382 (47.3%) |
| Median Home Value | $204,223 |
| Average Home Value | $248,306 |
Housing Distribution
Address Breakdown
Residential
1,588
Single Family
1,528
Multi-Family
60
Businesses
108
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Listed by: Jamie Diffin • Century 21 Signature - Frankenmuth
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50152098
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