5050 Jj Rd #5GardenMI49835
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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
Total monthly income runs $2,092/mo, and a $1,605/mo payment. Purchase price stands at $328,000, and rental yield measures 7.65% with $2,092/mo rent. Return on cash invested shows 19.13% in year one, and 5% annual appreciation builds toward $90,620 over five years. Five-year ROI reaches 99.21% and total cumulative return in cash records $107,875. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,092/mo property income covering a $1,605/mo payment rather than investor’s personal income.
Single Family
Built in 2007
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49835, Garden, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 644 (100%) |
| Owner Occupied HU | 359 (55.7%) |
| Renter Occupied HU | 26 ( 4.0%) |
| Vacant Housing Units | 259 (40.2%) |
| Median Home Value | $174,202 |
| Average Home Value | $209,276 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
23
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Listed by: JULIE BARR • KELLER WILLIAMS NM PENINSULA PARTNERS
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50186356
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