715 Sherman StEast JordanMI49727








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 East Jordan at 715 Sherman St, East Jordan, MI, 49727 priced at $389,900 pairs $6,378/mo rent with $3,807/mo cash flow after a $1,908/mo payment. Total monthly income equals $6,378/mo, and annual cash flow comes to $45,686/yr on $129,252 invested. Return on cash invested is 55.26% in year one, and rental yield stands at 19.63% on a $389,900 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,722 by year five. Five-year ROI measures 292.94% and total cumulative return in cash reaches $378,625. For financing, Ziffy Mortgage’s DSCR program evaluates $6,378/mo property income against a $1,908/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49727, East Jordan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,429 (100%) |
| Owner Occupied HU | 2,638 (59.6%) |
| Renter Occupied HU | 449 (10.1%) |
| Vacant Housing Units | 1,342 (30.3%) |
| Median Home Value | $244,164 |
| Average Home Value | $346,946 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,607
Multi-Family
138
Businesses
177
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Nearby investment properties with comparable prices



Listed by: Holly Stark • EXP Realty
Mls Name: Northern Michigan MLS
Mls Provider:
Mls ID: #474249
Disclaimer: Copyright Northern Michigan MLS (NM-MLSX). All rights reserved. Information is deemed reliable but not guaranteed.







