604 Eskil 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
Investment property for sale in Kingsford at 604 Eskil Ave, Kingsford, MI, 49802 uses $49,559 cash to close to unlock $2,458/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $1,191/mo, and a $732/mo payment keeps the spread at $205/mo. Purchase price stands at $149,500, and rental yield measures 9.56% with $1,191/mo rent. Return on cash invested shows 24.87% in year one, and 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 129.99% and total cumulative return in cash records $64,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,191/mo property income covering a $732/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.41 Acres lot
$N/A/sqft
No HOA
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Listed by: JAY HUNTER • NORTHERN HERITAGE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50160800
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