47641 Old Mill Hill RdAtlantic 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 47641 Old Mill Hill Rd, Atlantic Mine, MI, 49905 earns $590/mo cash flow from $3,880/mo rent with a $2,442/mo payment. Total monthly income totals $3,880/mo, and annual cash flow totals $7,076/yr on $165,419 capital. ROI tracks 24.19% on current figures, and rental yield reads 9.33% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 126.31% and total cumulative return in cash sums $208,938. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,880/mo property income instead of your personal income.
Single Family
Built in 1998
6 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: N/A • N/A
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