5235 19th LnGladstoneMI49837
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gladstone at 5235 19th Ln, Gladstone, MI, 49837 listed at $239,000 pairs $3,671/mo rent with a $1,170/mo payment to leave $2,095/mo cash flow. Total monthly income runs $3,671/mo, and annual cash flow reaches $25,136/yr on $79,229 cash to close. Return on cash invested measures 51.64% in year one, and rental yield registers 18.43% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 273.51% and total cumulative return in cash totals $216,696. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,671/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49837, Gladstone, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,822 (100%) |
| Owner Occupied HU | 3,706 (76.9%) |
| Renter Occupied HU | 639 (13.3%) |
| Vacant Housing Units | 477 ( 9.9%) |
| Median Home Value | $169,411 |
| Average Home Value | $194,656 |
Housing Distribution
Address Breakdown
Residential
4,576
Single Family
4,414
Multi-Family
162
Businesses
267
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SCOTT MOSIER • KEY REALTY DELTA COUNTY LLC
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50152445
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.