5163 Dagon RdJohannesburgMI49751
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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 Johannesburg at 5163 Dagon Rd, Johannesburg, MI, 49751 earns $1,025/mo cash flow from $3,650/mo rent with a $1,948/mo payment. Total monthly income totals $3,650/mo, and annual cash flow totals $12,305/yr on $131,937 capital. ROI tracks 29.24% on current figures, and rental yield reads 11.01% at a $398,000 purchase. Equity gained on principal adds $2,568/yr, and 5% annual appreciation supports $109,960 over five years. Five-year ROI reaches 153.4% and total cumulative return in cash sums $202,392. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,650/mo property income instead of your personal income.
Single Family
Built in N/A
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49751, Johannesburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,998 (100%) |
| Owner Occupied HU | 807 (40.4%) |
| Renter Occupied HU | 71 ( 3.6%) |
| Vacant Housing Units | 1,120 (56.1%) |
| Median Home Value | $246,101 |
| Average Home Value | $268,259 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
49
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Listed by: Jamie Kurth • smith realty GROUP
Mls Name: WWMLS
Mls ID: #201836938