51 Sherry StAu GresMI48703
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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
Rental property for sale in Au Gres at 51 Sherry St, Au Gres, MI, 48703 priced at $288,000 converts $1,380/mo rent into after a $1,410/mo obligation. Total monthly income equals $1,380/mo. Return on cash invested prints 13.38% in year one, and rental yield reads 5.75% against a $288,000 entry. Equity gained on principal adds $1,858/yr, while 5% annual appreciation compiles into $79,569 by year five. Five-year ROI reaches 68.38% and total cumulative return in cash sums $65,280. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,380/mo property income covering a $1,410/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48703, Au Gres, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,923 (100%) |
| Owner Occupied HU | 1,325 (45.3%) |
| Renter Occupied HU | 216 ( 7.4%) |
| Vacant Housing Units | 1,382 (47.3%) |
| Median Home Value | $204,223 |
| Average Home Value | $248,306 |
Housing Distribution
Address Breakdown
Residential
1,588
Single Family
1,528
Multi-Family
60
Businesses
108
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