601 Bluff AveKingsfordMI49802
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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
Rental property for sale in Kingsford at 601 Bluff Ave, Kingsford, MI, 49802 priced at $195,000 converts $1,513/mo rent into $228/mo cash flow after a $954/mo obligation. Total monthly income equals $1,513/mo, and annual cash flow totals $2,730/yr on $64,643 invested. Return on cash invested prints 24.13% in year one, and rental yield reads 9.31% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 126.04% and total cumulative return in cash sums $81,478. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,513/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.32 Acres lot
$N/A/sqft
No HOA
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Listed by: CINDI STREHLOW • STEPHENS REAL ESTATE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50164723
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