5348 Alger Smith RdBlack RiverMI48721
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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 Black River at 5348 Alger Smith Rd, Black River, MI, 48721 earns $312/mo cash flow from $1,301/mo rent with a $734/mo payment. Total monthly income totals $1,301/mo, and annual cash flow totals $3,744/yr on $49,725 capital. ROI tracks 27.44% on current figures, and rental yield reads 10.41% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 143.75% and total cumulative return in cash sums $71,478. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,301/mo property income instead of your personal income.
Home Type Unknown
Built in 1960
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48721, Black River, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 369 (100%) |
| Owner Occupied HU | 202 (54.7%) |
| Renter Occupied HU | 12 ( 3.3%) |
| Vacant Housing Units | 155 (42.0%) |
| Median Home Value | $210,000 |
| Average Home Value | $255,124 |
Housing Distribution
Address Breakdown
Residential
239
Single Family
239
Multi-Family
0
Businesses
4
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A