7301 W Ronrick PlFrankenmuthMI48734
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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 Frankenmuth at 7301 W Ronrick Pl, Frankenmuth, MI, 48734 listed at $385,000 pairs $3,098/mo rent with a $1,884/mo payment to leave $560/mo cash flow. Total monthly income runs $3,098/mo, and annual cash flow reaches $6,714/yr on $127,628 cash to close. Return on cash invested measures 25.17% in year one, and rental yield registers 9.66% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 131.59% and total cumulative return in cash totals $167,950. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,098/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48734, Frankenmuth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,489 (100%) |
| Owner Occupied HU | 2,548 (73.0%) |
| Renter Occupied HU | 615 (17.6%) |
| Vacant Housing Units | 326 ( 9.3%) |
| Median Home Value | $293,473 |
| Average Home Value | $343,000 |
Housing Distribution
Address Breakdown
Residential
3,371
Single Family
3,036
Multi-Family
335
Businesses
442
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Nearby investment properties with comparable prices
Listed by: Coleen Hetzner • Century 21 Signature - Frankenmuth
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50165936
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