6993 N Mac Rd, Irons, MI, 49644 | 5.24% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Irons at 6993 N Mac Rd, Irons, MI, 49644 earns from $1,414/mo rent with a $1,585/mo payment. Total monthly income totals $1,414/mo. ROI tracks 11.84% on current figures, and rental yield reads 5.24% at a $323,888 purchase. Equity gained on principal adds $2,090/yr, and 5% annual appreciation supports $89,484 over five years. Five-year ROI reaches 60.15% and total cumulative return in cash sums $64,584. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,414/mo property income instead of your personal income.

Single Family

Built in 2008

1.20 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49644, Irons, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,027 (100%)
Owner Occupied HU	890 (29.4%)
Renter Occupied HU	78 ( 2.6%)
Vacant Housing Units	2,059 (68.0%)
Median Home Value	$185,507
Average Home Value	$223,949