5699 Connell 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 5699 Connell Rd, Emmett, MI, 48022 listed at $625,000 pairs $1,408/mo rent with a $3,059/mo payment. Total monthly income runs $1,408/mo. Return on cash invested measures 4.22% in year one, and rental yield registers 2.7% at a $625,000 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,676 by year five. Five-year ROI tracks 19.24% and total cumulative return in cash totals $39,565. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,408/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1973
80 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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