50090 Rauhala 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 50090 Rauhala Rd, Atlantic Mine, MI, 49905 offers a 11.87% rental yield on a $690,000 purchase with $6,828/mo rent. Total monthly income registers $6,828/mo, and a $3,377/mo payment leaves $2,278/mo available for distribution. Annual cash flow reaches $27,336/yr on $227,010 to close, and return on cash invested stands at 32.1% in year one. Equity gained on principal adds $4,452/yr while 5% annual appreciation supports $190,634 over five years. Portfolio math shows five-year ROI at 168.72% and total cumulative return in cash at $383,000. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,828/mo property income against a $3,377/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
40 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: ADAM SHIREY • RE/MAX DOUGLASS R.E.-H
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50144626
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.