567 Franconian Dr EFrankenmuthMI48734
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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
Rental property for sale in Frankenmuth at 567 Franconian Dr E, Frankenmuth, MI, 48734 offers $2,350/mo rent that, after a $1,689/mo payment, leaves $75/mo cash flow. Total monthly income is $2,350/mo, and annual cash flow is $894/yr on $114,368 cash. Return on cash invested measures 20.69% in year one, and rental yield stands at 8.17% at a $345,000 entry. Equity gained on principal adds $2,226/yr while 5% annual appreciation compounds into $95,317 by year five. Five-year ROI records 107.57% and total cumulative return in cash reaches $123,028. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,350/mo property income versus a $1,689/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48734, Frankenmuth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,489 (100%) |
| Owner Occupied HU | 2,548 (73.0%) |
| Renter Occupied HU | 615 (17.6%) |
| Vacant Housing Units | 326 ( 9.3%) |
| Median Home Value | $293,473 |
| Average Home Value | $343,000 |
Housing Distribution
Address Breakdown
Residential
3,371
Single Family
3,036
Multi-Family
335
Businesses
442
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Listed by: Coleen Hetzner • Century 21 Signature - Frankenmuth
Mls Name: MiRealSource
Mls ID: #50190085