5708 Palmyra RdPalmyraMI49268
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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 Palmyra at 5708 Palmyra Rd, Palmyra, MI, 49268 listed at $167,315 pairs $1,460/mo rent with a $819/mo payment to leave $357/mo cash flow. Total monthly income runs $1,460/mo, and annual cash flow reaches $4,279/yr on $55,465 cash to close. Return on cash invested measures 27.62% in year one, and rental yield registers 10.47% at a $167,315 basis. Equity gained on principal adds $1,080/yr, and annual property appreciation at 5% supports $46,226 by year five. Five-year ROI tracks 144.77% and total cumulative return in cash totals $80,298. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,460/mo property income relative to a $819/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49268, Palmyra, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 519 (100%) |
| Owner Occupied HU | 410 (79.0%) |
| Renter Occupied HU | 70 (13.5%) |
| Vacant Housing Units | 39 ( 7.5%) |
| Median Home Value | $214,000 |
| Average Home Value | $264,116 |
Housing Distribution
Address Breakdown
Residential
400
Single Family
400
Multi-Family
0
Businesses
9
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Listed by: Tim Bender • EXP Realty
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50168918
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