5330 Ruth StGladwinMI48624
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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 Gladwin at 5330 Ruth St, Gladwin, MI, 48624 with 5% annual appreciation on a $114,987 basis while $1,237/mo rent supports operations. Total monthly income totals $1,237/mo and a $563/mo payment preserves $479/mo for cash returns. Annual cash flow comes to $5,742/yr on $38,118 deployed, and return on cash invested reaches 34.97% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,769 alongside rental yield of 12.91%. Five-year ROI measures 184.18% and total cumulative return in cash totals $70,205.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,237/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48624, Gladwin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,057 (100%) |
| Owner Occupied HU | 5,951 (53.8%) |
| Renter Occupied HU | 1,003 ( 9.1%) |
| Vacant Housing Units | 4,103 (37.1%) |
| Median Home Value | $189,218 |
| Average Home Value | $229,918 |
Housing Distribution
Address Breakdown
Residential
8,459
Single Family
8,196
Multi-Family
263
Businesses
518
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Listed by: IVIE BAKER • Baker-Kehoe Realty LLC
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50174297
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