6349 W Feole RdKinrossMI49752
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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 Kinross at 6349 W Feole Rd, Kinross, MI, 49752 generates $2,094/mo in rent and, after a $1,052/mo payment, leaves $677/mo in cash flow. Total monthly income is $2,094/mo, and annual cash flow is $8,120/yr on $71,239 invested. Return on cash invested sits at 31.31% in year one, and rental yield is 11.69% on a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 164.51% and total cumulative return in cash sums $117,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,094/mo property income rather than buyer’s personal income.
Manufactured
Built in 2001
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49752, Kinross, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 212 (50.2%) |
| Renter Occupied HU | 45 (10.7%) |
| Vacant Housing Units | 165 (39.1%) |
| Median Home Value | $155,000 |
| Average Home Value | $182,488 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
185
Multi-Family
0
Businesses
11
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