5489 Emmett RdEmmettMI48022
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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 Emmett at 5489 Emmett Rd, Emmett, MI, 48022 uses $39,747 cash to close to unlock $1,838/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $944/mo, and a $587/mo payment keeps the spread at $153/mo. Purchase price stands at $119,900, and rental yield measures 9.45% with $944/mo rent. Return on cash invested shows 24.53% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 128.28% and total cumulative return in cash records $50,988. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $944/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1958
10.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48022, Emmett, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,010 (100%) |
| Owner Occupied HU | 906 (89.7%) |
| Renter Occupied HU | 51 ( 5.0%) |
| Vacant Housing Units | 53 ( 5.2%) |
| Median Home Value | $277,331 |
| Average Home Value | $279,793 |
Housing Distribution
Address Breakdown
Residential
964
Single Family
964
Multi-Family
0
Businesses
32
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