70896 Baldwin Landing DrUnionMI49130
Nearby investment properties with comparable rents
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
Rental property for sale in Union at 70896 Baldwin Landing Dr, Union, MI, 49130 generates $3,371/mo in rent, after a $5,139/mo payment. Total monthly income is $3,371/mo. Return on cash invested sits at 6.64% in year one, and rental yield is 3.85% on a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 32.55% and total cumulative return in cash sums $110,729. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,371/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
0.29 Acres lot
$N/A/sqft
$1,020 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49130, Union, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 957 (100%) |
| Owner Occupied HU | 621 (64.9%) |
| Renter Occupied HU | 102 (10.7%) |
| Vacant Housing Units | 234 (24.5%) |
| Median Home Value | $323,786 |
| Average Home Value | $405,310 |
Housing Distribution
Address Breakdown
Residential
910
Single Family
910
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
