663 Tuttle RdUnion CityMI49094
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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 Union City at 663 Tuttle Rd, Union City, MI, 49094 uses $587,056 cash to close to unlock $103,029/yr annual cash flow and $8,586/mo monthly cash flow. Total monthly income runs $20,534/mo, and a $8,868/mo payment keeps the spread at $8,586/mo. Purchase price stands at $1,811,900, and rental yield measures 13.6% with $20,534/mo rent. Return on cash invested shows 37.92% in year one, and 5% annual appreciation builds toward $500,595 over five years. Five-year ROI reaches 199.87% and total cumulative return in cash records $1,173,339. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $20,534/mo property income covering a $8,868/mo payment rather than investor’s personal income.
Single Family
Built in 2002
24.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49094, Union City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,816 (100%) |
| Owner Occupied HU | 1,298 (71.5%) |
| Renter Occupied HU | 336 (18.5%) |
| Vacant Housing Units | 182 (10.0%) |
| Median Home Value | $157,353 |
| Average Home Value | $197,993 |
Housing Distribution
Address Breakdown
Residential
1,677
Single Family
1,624
Multi-Family
53
Businesses
103
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Listed by: N/A • N/A
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