504 E M 134De Tour VillageMI49725
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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 De Tour Village at 504 E M 134, De Tour Village, MI, 49725 listed at $202,500 pairs $2,543/mo rent with a $991/mo payment to leave $1,208/mo cash flow. Total monthly income runs $2,543/mo, and annual cash flow reaches $14,493/yr on $67,129 cash to close. Return on cash invested measures 41.5% in year one, and rental yield registers 15.07% at a $202,500 basis. Equity gained on principal adds $1,307/yr, and annual property appreciation at 5% supports $55,947 by year five. Five-year ROI tracks 219.14% and total cumulative return in cash totals $147,109. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,543/mo property income relative to a $991/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49725, De Tour Village, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 814 (100%) |
| Owner Occupied HU | 326 (40.0%) |
| Renter Occupied HU | 18 ( 2.2%) |
| Vacant Housing Units | 470 (57.7%) |
| Median Home Value | $252,381 |
| Average Home Value | $268,351 |
Housing Distribution
Address Breakdown
Residential
250
Single Family
250
Multi-Family
0
Businesses
52
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Listed by: Robert J Vaught • MCDONALD REALTY Inc
Mls Name: EUPBR
Mls Provider:
Mls ID: #24-847
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.