605 Cedar AvePrudenvilleMI48651
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 Prudenville at 605 Cedar Ave, Prudenville, MI, 48651 at $114,900 posts ROI 25.57% with $180/mo cash flow from $937/mo rent. Total monthly income equals $937/mo, and annual cash flow records $2,156/yr on $38,089 to close. Return on cash invested measures 25.57% and rental yield reads 9.79% at the current $114,900. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 by year five. Five-year ROI prints 133.77% and total cumulative return in cash totals $50,954.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $937/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48651, Prudenville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,094 (100%) |
| Owner Occupied HU | 1,832 (44.7%) |
| Renter Occupied HU | 480 (11.7%) |
| Vacant Housing Units | 1,782 (43.5%) |
| Median Home Value | $208,261 |
| Average Home Value | $247,688 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,621
Multi-Family
72
Businesses
165
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Nearby investment properties with comparable prices
Listed by: Audrey Plucinski • Century 21 Realty North Houghton Lake
Mls Name: WWMLS
Mls Provider:
Mls ID: #201834808
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