4512 N Carland RdElsieMI48831
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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 Elsie at 4512 N Carland Rd, Elsie, MI, 48831 generates $954/mo in rent and, after a $611/mo payment, leaves $131/mo in cash flow. Total monthly income is $954/mo, and annual cash flow is $1,568/yr on $41,404 invested. Return on cash invested sits at 23.7% in year one, and rental yield is 9.17% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 123.72% and total cumulative return in cash sums $51,226. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $954/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48831, Elsie, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,425 (100%) |
| Owner Occupied HU | 1,143 (80.2%) |
| Renter Occupied HU | 202 (14.2%) |
| Vacant Housing Units | 80 ( 5.6%) |
| Median Home Value | $242,931 |
| Average Home Value | $288,241 |
Housing Distribution
Address Breakdown
Residential
1,197
Single Family
1,181
Multi-Family
16
Businesses
53
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