7275 Minden Rd NMinden CityMI48456
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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
Rental property for sale in Minden City at 7275 Minden Rd N, Minden City, MI, 48456 priced at $249,000 pairs $1,553/mo rent with after a $1,219/mo payment. Total monthly income equals $1,553/mo. Return on cash invested is 18.61% in year one, and rental yield stands at 7.48% on a $249,000 basis. Equity gained on principal adds $1,607/yr, and 5% annual appreciation accumulates to $68,794 by year five. Five-year ROI measures 96.42% and total cumulative return in cash reaches $79,592. For financing, Ziffy Mortgage’s DSCR program evaluates $1,553/mo property income against a $1,219/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48456, Minden City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 424 (100%) |
| Owner Occupied HU | 298 (70.3%) |
| Renter Occupied HU | 39 ( 9.2%) |
| Vacant Housing Units | 87 (20.5%) |
| Median Home Value | $221,739 |
| Average Home Value | $284,908 |
Housing Distribution
Address Breakdown
Residential
286
Single Family
286
Multi-Family
0
Businesses
13
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Listed by: Brenda Smigill • Archie Thomas Real Estate
Mls Name: RMLS Multi-List
Mls ID: #018-24-0015