7552 Rogers RdEast 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
Investment property for sale in East Jordan at 7552 Rogers Rd, East Jordan, MI, 49727 uses $98,953 cash to close to unlock $27,510/yr annual cash flow and $2,293/mo monthly cash flow. Total monthly income runs $4,261/mo, and a $1,461/mo payment keeps the spread at $2,293/mo. Purchase price stands at $298,500, and rental yield measures 17.13% with $4,261/mo rent. Return on cash invested shows 47.71% in year one, and 5% annual appreciation builds toward $82,470 over five years. Five-year ROI reaches 252.47% and total cumulative return in cash records $249,825. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,261/mo property income covering a $1,461/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2.80 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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Listed by: Gary Roberts • Pat O'Brien & Associates - Boyne City
Mls Name: Northern Michigan MLS
Mls Provider:
Mls ID: #473215
Disclaimer: Copyright Northern Michigan MLS (NM-MLSX). All rights reserved. Information is deemed reliable but not guaranteed.