5659 Sunset DrMillingtonMI48746
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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 Millington at 5659 Sunset Dr, Millington, MI, 48746 listed at $219,900 pairs $1,463/mo rent with a $1,076/mo payment to leave $13/mo cash flow. Total monthly income runs $1,463/mo, and annual cash flow reaches $158/yr on $72,897 cash to close. Return on cash invested measures 20.13% in year one, and rental yield registers 7.98% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 104.59% and total cumulative return in cash totals $76,240. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,463/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48746, Millington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,566 (100%) |
| Owner Occupied HU | 2,989 (83.8%) |
| Renter Occupied HU | 349 ( 9.8%) |
| Vacant Housing Units | 228 ( 6.4%) |
| Median Home Value | $184,236 |
| Average Home Value | $196,747 |
Housing Distribution
Address Breakdown
Residential
3,136
Single Family
3,136
Multi-Family
0
Businesses
124
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Listed by: Lynn M Borcherding • Area Wide Real Estate
Mls Name: MiRealSource
Mls ID: #50187952