6256 Resort DrEllsworthMI49729
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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 Ellsworth at 6256 Resort Dr, Ellsworth, MI, 49729 generates $2,376/mo in rent, after a $1,958/mo payment. Total monthly income is $2,376/mo. Return on cash invested sits at 17.54% in year one, and rental yield is 7.13% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 90.65% and total cumulative return in cash sums $120,196. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,376/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49729, Ellsworth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 973 (100%) |
| Owner Occupied HU | 562 (57.8%) |
| Renter Occupied HU | 84 ( 8.6%) |
| Vacant Housing Units | 327 (33.6%) |
| Median Home Value | $262,791 |
| Average Home Value | $336,001 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
587
Multi-Family
0
Businesses
46
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