677 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 677 Tuttle Rd, Union City, MI, 49094 uses $69,615 cash to close to unlock $780/yr annual cash flow and $65/mo monthly cash flow. Total monthly income runs $1,450/mo, and a $1,028/mo payment keeps the spread at $65/mo. Purchase price stands at $210,000, and rental yield measures 8.29% with $1,450/mo rent. Return on cash invested shows 21.03% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 109.38% and total cumulative return in cash records $76,144. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,450/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1970
8,276 sqft 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: Angie Marsh • Southern Marsh Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #25047898
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.