708 Hamilton AveKingsfordMI49802
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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 Kingsford at 708 Hamilton Ave, Kingsford, MI, 49802 with 5% annual appreciation on a $155,500 basis while $2,616/mo rent supports operations. Total monthly income totals $2,616/mo and a $761/mo payment preserves $1,591/mo for cash returns. Annual cash flow comes to $19,088/yr on $51,548 deployed, and return on cash invested reaches 56.94% in year one. Equity gained on principal adds $1,003/yr, and five-year appreciation sums $42,962 alongside rental yield of 20.19%. Five-year ROI measures 301.96% and total cumulative return in cash totals $155,657.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,616/mo property income versus a $761/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: BETSY SAWICKY • STEPHENS REAL ESTATE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50154059
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