49436 S Superior 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 49436 S Superior Rd, Atlantic Mine, MI, 49905 listed at $385,000 pairs $3,180/mo rent with a $1,884/mo payment to leave $642/mo cash flow. Total monthly income runs $3,180/mo, and annual cash flow reaches $7,698/yr on $127,628 cash to close. Return on cash invested measures 25.94% in year one, and rental yield registers 9.91% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 135.72% and total cumulative return in cash totals $173,218. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,180/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
1.99 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: LAUREL MAKI • CENTURY 21 AFFILIATED
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50170725
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