5949 N Mackinaw RdPinconningMI48650
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pinconning at 5949 N Mackinaw Rd, Pinconning, MI, 48650 earns $555/mo cash flow from $3,127/mo rent with a $1,909/mo payment. Total monthly income totals $3,127/mo, and annual cash flow totals $6,660/yr on $129,285 capital. ROI tracks 25.06% on current figures, and rental yield reads 9.62% at a $390,000 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 130.98% and total cumulative return in cash sums $169,340. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,127/mo property income instead of your personal income.
Single Family
Built in 2000
2.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48650, Pinconning, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,482 (80.0%) |
| Renter Occupied HU | 374 (12.1%) |
| Vacant Housing Units | 247 ( 8.0%) |
| Median Home Value | $160,024 |
| Average Home Value | $188,405 |
Housing Distribution
Address Breakdown
Residential
2,967
Single Family
2,941
Multi-Family
26
Businesses
168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina Reimer • RE/MAX of Midland
Mls Name: MiRealSource
Mls ID: #50196570