5857 Mogg RdPrescottMI48756
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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 Prescott at 5857 Mogg Rd, Prescott, MI, 48756 uses $82,842 cash to close to unlock $4,934/yr annual cash flow and $411/mo monthly cash flow. Total monthly income runs $2,059/mo, and a $1,223/mo payment keeps the spread at $411/mo. Purchase price stands at $249,900, and rental yield measures 9.89% with $2,059/mo rent. Return on cash invested shows 25.86% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 135.37% and total cumulative return in cash records $112,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,059/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in N/A
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48756, Prescott, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,222 (100%) |
| Owner Occupied HU | 1,623 (50.4%) |
| Renter Occupied HU | 309 ( 9.6%) |
| Vacant Housing Units | 1,290 (40.0%) |
| Median Home Value | $104,388 |
| Average Home Value | $154,436 |
Housing Distribution
Address Breakdown
Residential
1,862
Single Family
1,828
Multi-Family
34
Businesses
60
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