5320 Old State RdNational CityMI48748
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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 National City at 5320 Old State Rd, National City, MI, 48748 offers a 9.53% rental yield on a $110,000 purchase with $874/mo rent. Total monthly income registers $874/mo, and a $538/mo payment leaves $149/mo available for distribution. Annual cash flow reaches $1,788/yr on $36,465 to close, and return on cash invested stands at 24.81% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 129.66% and total cumulative return in cash at $47,280. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $874/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48748, National City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,925 (100%) |
| Owner Occupied HU | 763 (39.6%) |
| Renter Occupied HU | 84 ( 4.4%) |
| Vacant Housing Units | 1,078 (56.0%) |
| Median Home Value | $194,477 |
| Average Home Value | $231,294 |
Housing Distribution
Address Breakdown
Residential
1,041
Single Family
1,041
Multi-Family
0
Businesses
20
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Listed by: CHRISTINE BEEBE • SCOFIELD REAL ESTATE LLC
Mls Name: NGLRMLS
Mls ID: #1941296