4896 N Dickenson RdColemanMI48618
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Coleman at 4896 N Dickenson Rd, Coleman, MI, 48618 earns $1,255/mo cash flow from $2,310/mo rent with a $783/mo payment. Total monthly income totals $2,310/mo, and annual cash flow totals $15,060/yr on $53,040 capital. ROI tracks 48.3% on current figures, and rental yield reads 17.32% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 255.64% and total cumulative return in cash sums $135,590. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,310/mo property income instead of your personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48618, Coleman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,407 (100%) |
| Owner Occupied HU | 1,844 (76.6%) |
| Renter Occupied HU | 340 (14.1%) |
| Vacant Housing Units | 223 ( 9.3%) |
| Median Home Value | $162,598 |
| Average Home Value | $198,128 |
Housing Distribution
Address Breakdown
Residential
2,209
Single Family
2,150
Multi-Family
59
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lacey Mapes • RE/MAX of Midland
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50154082
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.