69588 Baldwin Prairie RdUnionMI49130
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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 at 69588 Baldwin Prairie Rd, Union, MI, 49130 uses $69,615 cash to close to unlock $816/yr annual cash flow and $68/mo monthly cash flow. Total monthly income runs $1,453/mo, and a $1,028/mo payment keeps the spread at $68/mo. Purchase price stands at $210,000, and rental yield measures 8.3% with $1,453/mo rent. Return on cash invested shows 21.08% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 109.64% and total cumulative return in cash records $76,324. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,453/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49130, Union, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 957 (100%) |
| Owner Occupied HU | 621 (64.9%) |
| Renter Occupied HU | 102 (10.7%) |
| Vacant Housing Units | 234 (24.5%) |
| Median Home Value | $323,786 |
| Average Home Value | $405,310 |
Housing Distribution
Address Breakdown
Residential
910
Single Family
910
Multi-Family
0
Businesses
58
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