5117 Ravenswood RdKimballMI48074
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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 Kimball at 5117 Ravenswood Rd, Kimball, MI, 48074 uses $66,300 cash to close to unlock $6,900/yr annual cash flow and $575/mo monthly cash flow. Total monthly income runs $1,894/mo, and a $979/mo payment keeps the spread at $575/mo. Purchase price stands at $200,000, and rental yield measures 11.36% with $1,894/mo rent. Return on cash invested shows 30.32% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 159.16% and total cumulative return in cash records $105,524. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,894/mo property income covering a $979/mo payment rather than investor’s personal income.
Manufactured
Built in 1980
2.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48074, Smiths Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,000 (100%) |
| Owner Occupied HU | 3,330 (83.2%) |
| Renter Occupied HU | 461 (11.5%) |
| Vacant Housing Units | 209 ( 5.2%) |
| Median Home Value | $225,147 |
| Average Home Value | $291,718 |
Housing Distribution
Address Breakdown
Residential
3,932
Single Family
3,931
Multi-Family
1
Businesses
197
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