505 E County Line RdTekonshaMI49092
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 Tekonsha at 505 E County Line Rd, Tekonsha, MI, 49092 priced at $349,999 converts $3,432/mo rent into $1,124/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,432/mo, and annual cash flow totals $13,488/yr on $116,025 invested. Return on cash invested prints 31.53% in year one, and rental yield reads 11.77% against a $349,999 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,698 by year five. Five-year ROI reaches 165.69% and total cumulative return in cash sums $192,242. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,432/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1925
7.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49092, Tekonsha, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 954 (100%) |
| Owner Occupied HU | 741 (77.7%) |
| Renter Occupied HU | 130 (13.6%) |
| Vacant Housing Units | 83 ( 8.7%) |
| Median Home Value | $221,067 |
| Average Home Value | $256,717 |
Housing Distribution
Address Breakdown
Residential
798
Single Family
798
Multi-Family
0
Businesses
50
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