6490 E ChikamingSawyerMI49125
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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 Sawyer at 6490 E Chikaming, Sawyer, MI, 49125 at $899,000 posts ROI 7.1% with from $2,734/mo rent. Total monthly income equals $2,734/mo. Return on cash invested measures 7.1% and rental yield reads 3.65% at the current $899,000. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 by year five. Five-year ROI prints 34.66% and total cumulative return in cash totals $102,502. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,734/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
2.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49125, Sawyer, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,885 (100%) |
| Owner Occupied HU | 1,007 (53.4%) |
| Renter Occupied HU | 139 ( 7.4%) |
| Vacant Housing Units | 739 (39.2%) |
| Median Home Value | $318,411 |
| Average Home Value | $381,279 |
Housing Distribution
Address Breakdown
Residential
1,124
Single Family
757
Multi-Family
367
Businesses
73
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