70 AustinKingstonMI48741
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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 Kingston at 70 Austin, Kingston, MI, 48741 with 5% annual appreciation on a $145,000 basis while $1,050/mo rent supports operations. Total monthly income totals $1,050/mo and a $710/mo payment preserves $94/mo for cash returns. Annual cash flow comes to $1,122/yr on $48,068 deployed, and return on cash invested reaches 22.24% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 8.69%. Five-year ROI measures 115.95% and total cumulative return in cash totals $55,736.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,050/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48741, Kingston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 946 (100%) |
| Owner Occupied HU | 710 (75.1%) |
| Renter Occupied HU | 112 (11.8%) |
| Vacant Housing Units | 124 (13.1%) |
| Median Home Value | $185,714 |
| Average Home Value | $228,324 |
Housing Distribution
Address Breakdown
Residential
777
Single Family
753
Multi-Family
24
Businesses
38
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