5017 Cottrell RdVassarMI48768
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
Rental property for sale in Vassar at 5017 Cottrell Rd, Vassar, MI, 48768 generates $2,765/mo in rent and, after a $1,027/mo payment, leaves $1,381/mo in cash flow. Total monthly income is $2,765/mo, and annual cash flow is $16,574/yr on $69,582 invested. Return on cash invested sits at 43.73% in year one, and rental yield is 15.81% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 231.18% and total cumulative return in cash sums $160,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,765/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48768, Vassar, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,109 (100%) |
| Owner Occupied HU | 3,221 (78.4%) |
| Renter Occupied HU | 623 (15.2%) |
| Vacant Housing Units | 265 ( 6.4%) |
| Median Home Value | $157,940 |
| Average Home Value | $187,573 |
Housing Distribution
Address Breakdown
Residential
4,059
Single Family
3,876
Multi-Family
183
Businesses
235
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Nearby investment properties with comparable prices
Listed by: Polly Hollis • Homes by Hollis EXP
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50154621
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