6010 Fox StMayvilleMI48744
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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 Mayville at 6010 Fox St, Mayville, MI, 48744 earns $119/mo cash flow from $844/mo rent with a $538/mo payment. Total monthly income totals $844/mo, and annual cash flow totals $1,428/yr on $36,465 capital. ROI tracks 23.83% on current figures, and rental yield reads 9.21% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 124.39% and total cumulative return in cash sums $45,360. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $844/mo property income instead of your personal income.
Single Family
Built in 1927
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48744, Mayville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,055 (100%) |
| Owner Occupied HU | 1,584 (77.1%) |
| Renter Occupied HU | 214 (10.4%) |
| Vacant Housing Units | 257 (12.5%) |
| Median Home Value | $171,774 |
| Average Home Value | $222,188 |
Housing Distribution
Address Breakdown
Residential
1,708
Single Family
1,708
Multi-Family
0
Businesses
70
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