47212 Main StHoughtonMI49931
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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 Houghton at 47212 Main St, Houghton, MI, 49931 listed at $895,000 pairs $2,756/mo rent with a $4,381/mo payment. Total monthly income runs $2,756/mo. Return on cash invested measures 7.24% in year one, and rental yield registers 3.7% at a $895,000 basis. Equity gained on principal adds $5,775/yr, and annual property appreciation at 5% supports $247,272 by year five. Five-year ROI tracks 35.39% and total cumulative return in cash totals $104,222. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,756/mo property income relative to a $4,381/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
13.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49931, Houghton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,494 (100%) |
| Owner Occupied HU | 1,541 (44.1%) |
| Renter Occupied HU | 1,514 (43.3%) |
| Vacant Housing Units | 439 (12.6%) |
| Median Home Value | $250,764 |
| Average Home Value | $265,490 |
Housing Distribution
Address Breakdown
Residential
3,565
Single Family
2,608
Multi-Family
957
Businesses
489
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