5768 State Highway M35PerkinsMI49872
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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 Perkins at 5768 State Highway M35, Perkins, MI, 49872 listed at $199,999 pairs $1,813/mo rent with a $979/mo payment to leave $494/mo cash flow. Total monthly income runs $1,813/mo, and annual cash flow reaches $5,928/yr on $66,300 cash to close. Return on cash invested measures 28.85% in year one, and rental yield registers 10.88% at a $199,999 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 151.29% and total cumulative return in cash totals $100,304. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,813/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49872, Perkins, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 102 (100%) |
| Owner Occupied HU | 76 (74.5%) |
| Renter Occupied HU | 5 ( 4.9%) |
| Vacant Housing Units | 21 (20.6%) |
| Median Home Value | $168,750 |
| Average Home Value | $192,401 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
9
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