705 Mullen StQuinnesecMI49876
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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 Quinnesec at 705 Mullen St, Quinnesec, MI, 49876 offers a 9.32% rental yield on a $149,000 purchase with $1,157/mo rent. Total monthly income registers $1,157/mo, and a $729/mo payment leaves $175/mo available for distribution. Annual cash flow reaches $2,096/yr on $49,394 to close, and return on cash invested stands at 24.15% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 126.15% and total cumulative return in cash at $62,308. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,157/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49876, Quinnesec, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 450 (85.4%) |
| Renter Occupied HU | 43 ( 8.2%) |
| Vacant Housing Units | 34 ( 6.5%) |
| Median Home Value | $132,237 |
| Average Home Value | $142,494 |
Housing Distribution
Address Breakdown
Residential
389
Single Family
389
Multi-Family
0
Businesses
30
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