6994 Burns RdGermfaskMI49836
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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
Investment property for sale in Germfask at 6994 Burns Rd, Germfask, MI, 49836 offers a 14.22% rental yield on a $199,900 purchase with $2,369/mo rent. Total monthly income registers $2,369/mo, and a $978/mo payment leaves $1,051/mo available for distribution. Annual cash flow reaches $12,614/yr on $66,267 to close, and return on cash invested stands at 38.94% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 205.52% and total cumulative return in cash at $136,189. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,369/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
10 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ruthann Farver • State Wide Real Estate of Curtis
Mls Name: EUPBR
Mls Provider:
Mls ID: #24-718
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.