5560 Gorivan RdFrankfortMI49635
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 Frankfort at 5560 Gorivan Rd, Frankfort, MI, 49635 earns $477/mo cash flow from $3,104/mo rent with a $1,950/mo payment. Total monthly income totals $3,104/mo, and annual cash flow totals $5,719/yr on $132,103 capital. ROI tracks 24.24% on current figures, and rental yield reads 9.35% at a $398,500 purchase. Equity gained on principal adds $2,571/yr, and 5% annual appreciation supports $110,098 over five years. Five-year ROI reaches 126.59% and total cumulative return in cash sums $167,233. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,104/mo property income instead of your personal income.
Single Family
Built in 1900
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49635, Frankfort, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,394 (100%) |
| Owner Occupied HU | 1,412 (41.6%) |
| Renter Occupied HU | 321 ( 9.5%) |
| Vacant Housing Units | 1,661 (48.9%) |
| Median Home Value | $324,012 |
| Average Home Value | $404,626 |
Housing Distribution
Address Breakdown
Residential
1,621
Single Family
1,511
Multi-Family
110
Businesses
184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices