5051 W Central BlvdVulcanMI49892
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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 Vulcan at 5051 W Central Blvd, Vulcan, MI, 49892 earns $997/mo cash flow from $2,184/mo rent with a $881/mo payment. Total monthly income totals $2,184/mo, and annual cash flow totals $11,966/yr on $59,637 capital. ROI tracks 39.97% on current figures, and rental yield reads 14.57% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 211.03% and total cumulative return in cash sums $125,853. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,184/mo property income instead of your personal income.
Single Family
Built in 1910
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49892, Vulcan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,378 (100%) |
| Owner Occupied HU | 847 (61.5%) |
| Renter Occupied HU | 83 ( 6.0%) |
| Vacant Housing Units | 448 (32.5%) |
| Median Home Value | $198,018 |
| Average Home Value | $234,038 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
915
Multi-Family
0
Businesses
10
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Listed by: CARRIE TORETTA-PARTELLO • COLDWELL BANKER REAL ESTATE GROUP
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50154586
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.