475 Thompson Rd, Mio, MI, 48647 | 6.24% Rental Yield

Off market

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NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,505/mo, and a $1,416/mo payment. Purchase price stands at $289,400, and rental yield measures 6.24% with $1,505/mo rent. Return on cash invested shows 14.87% in year one, and 5% annual appreciation builds toward $79,956 over five years. Five-year ROI reaches 76.4% and total cumulative return in cash records $73,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,505/mo property income covering a $1,416/mo payment rather than investor’s personal income.

Single Family

Built in 1961

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48647, Mio, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,400 (100%)
Owner Occupied HU	1,574 (46.3%)
Renter Occupied HU	278 ( 8.2%)
Vacant Housing Units	1,548 (45.5%)
Median Home Value	$164,399
Average Home Value	$197,082