5039 W Sanilac 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 5039 W Sanilac Rd, Vassar, MI, 48768 priced at $228,600 pairs $1,996/mo rent with $488/mo cash flow after a $1,119/mo payment. Total monthly income equals $1,996/mo, and annual cash flow comes to $5,861/yr on $75,781 invested. Return on cash invested is 27.64% in year one, and rental yield stands at 10.48% on a $228,600 basis. Equity gained on principal adds $1,475/yr, and 5% annual appreciation accumulates to $63,158 by year five. Five-year ROI measures 144.87% and total cumulative return in cash reaches $109,787. For financing, Ziffy Mortgage’s DSCR program evaluates $1,996/mo property income against a $1,119/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
