7513 Frankenmuth RdVassarMI48768
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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 Vassar at 7513 Frankenmuth Rd, Vassar, MI, 48768 generates $2,070/mo in rent and, after a $1,028/mo payment, leaves $685/mo in cash flow. Total monthly income is $2,070/mo, and annual cash flow is $8,220/yr on $69,615 invested. Return on cash invested sits at 31.72% in year one, and rental yield is 11.83% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 166.66% and total cumulative return in cash sums $116,020. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,070/mo property income rather than buyer’s personal income.
Manufactured
Built in 1974
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48768, Vassar, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,109 (100%) |
| Owner Occupied HU | 3,221 (78.4%) |
| Renter Occupied HU | 623 (15.2%) |
| Vacant Housing Units | 265 ( 6.4%) |
| Median Home Value | $157,940 |
| Average Home Value | $187,573 |
Housing Distribution
Address Breakdown
Residential
4,059
Single Family
3,876
Multi-Family
183
Businesses
235
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