5075 W Shearer RdColemanMI48618
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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 Coleman at 5075 W Shearer Rd, Coleman, MI, 48618 listed at $122,000 pairs $1,778/mo rent with a $597/mo payment to leave $974/mo cash flow. Total monthly income runs $1,778/mo, and annual cash flow reaches $11,683/yr on $40,443 cash to close. Return on cash invested measures 48.8% in year one, and rental yield registers 17.49% at a $122,000 basis. Equity gained on principal adds $787/yr, and annual property appreciation at 5% supports $33,706 by year five. Five-year ROI tracks 258.32% and total cumulative return in cash totals $104,471. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,778/mo property income relative to a $597/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1913
79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48618, Coleman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,407 (100%) |
| Owner Occupied HU | 1,844 (76.6%) |
| Renter Occupied HU | 340 (14.1%) |
| Vacant Housing Units | 223 ( 9.3%) |
| Median Home Value | $162,598 |
| Average Home Value | $198,128 |
Housing Distribution
Address Breakdown
Residential
2,209
Single Family
2,150
Multi-Family
59
Businesses
89
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