6531 N 35th RdMantonMI49663
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
Rental property for sale in Manton at 6531 N 35th Rd, Manton, MI, 49663 generates $2,119/mo in rent and, after a $1,187/mo payment, leaves $520/mo in cash flow. Total monthly income is $2,119/mo, and annual cash flow is $6,237/yr on $80,389 invested. Return on cash invested sits at 27.67% in year one, and rental yield is 10.49% on a $242,500 entry. Equity gained on principal adds $1,565/yr, while 5% annual appreciation builds toward $66,998 over five years. Five-year ROI reaches 144.98% and total cumulative return in cash sums $116,551. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,119/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49663, Manton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,730 (100%) |
| Owner Occupied HU | 1,906 (69.8%) |
| Renter Occupied HU | 388 (14.2%) |
| Vacant Housing Units | 436 (16.0%) |
| Median Home Value | $168,750 |
| Average Home Value | $199,066 |
Housing Distribution
Address Breakdown
Residential
2,249
Single Family
2,179
Multi-Family
70
Businesses
101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices