7207 Airport RdVanderbiltMI49795
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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 Vanderbilt at 7207 Airport Rd, Vanderbilt, MI, 49795 earns $110/mo cash flow from $1,725/mo rent with a $1,199/mo payment. Total monthly income totals $1,725/mo, and annual cash flow totals $1,314/yr on $81,218 capital. ROI tracks 21.53% on current figures, and rental yield reads 8.45% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 112.07% and total cumulative return in cash sums $91,020. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,725/mo property income instead of your personal income.
Single Family
Built in 1972
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49795, Vanderbilt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 689 (56.3%) |
| Renter Occupied HU | 185 (15.1%) |
| Vacant Housing Units | 349 (28.5%) |
| Median Home Value | $189,366 |
| Average Home Value | $265,581 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
780
Multi-Family
20
Businesses
45
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Listed by: Bob Simpson • Coldwell Banker Schmidt - Boyne City
Mls Name: Northern Michigan MLS
Mls ID: #478004