47474 Huron StAtlantic MineMI49905
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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 Atlantic Mine at 47474 Huron St, Atlantic Mine, MI, 49905 earns $174/mo cash flow from $2,646/mo rent with a $1,835/mo payment. Total monthly income totals $2,646/mo, and annual cash flow totals $2,084/yr on $124,279 capital. ROI tracks 21.59% on current figures, and rental yield reads 8.47% at a $374,900 purchase. Equity gained on principal adds $2,419/yr, and 5% annual appreciation supports $103,578 over five years. Five-year ROI reaches 112.37% and total cumulative return in cash sums $139,651. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,646/mo property income instead of your personal income.
Single Family
Built in 1997
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49905, Atlantic Mine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,064 (100%) |
| Owner Occupied HU | 759 (71.3%) |
| Renter Occupied HU | 112 (10.5%) |
| Vacant Housing Units | 193 (18.1%) |
| Median Home Value | $233,056 |
| Average Home Value | $237,227 |
Housing Distribution
Address Breakdown
Residential
667
Single Family
667
Multi-Family
0
Businesses
21
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Listed by: DANIELLE HOSKINS • CENTURY 21 AFFILIATED
Mls Name: Upper Peninsula AOR
Mls ID: #50183411