710 Ruskin AveAlgonacMI48001
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
Investment property for sale in Algonac at 710 Ruskin Ave, Algonac, MI, 48001 at $225,000 posts ROI 22.07% with $135/mo cash flow from $1,618/mo rent. Total monthly income equals $1,618/mo, and annual cash flow records $1,614/yr on $74,588 to close. Return on cash invested measures 22.07% and rental yield reads 8.63% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 115.01% and total cumulative return in cash totals $85,785.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,618/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48001, Algonac, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,115 (100%) |
| Owner Occupied HU | 4,670 (76.4%) |
| Renter Occupied HU | 724 (11.8%) |
| Vacant Housing Units | 721 (11.8%) |
| Median Home Value | $287,938 |
| Average Home Value | $318,014 |
Housing Distribution
Address Breakdown
Residential
5,711
Single Family
5,512
Multi-Family
199
Businesses
217
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices