7734 Moose DrRepublicMI49879
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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 Republic at 7734 Moose Dr, Republic, MI, 49879 priced at $489,900 pairs $1,438/mo rent with after a $2,398/mo payment. Total monthly income equals $1,438/mo. Return on cash invested is 6.66% in year one, and rental yield stands at 3.52% on a $489,900 basis. Equity gained on principal adds $3,161/yr, and 5% annual appreciation accumulates to $135,350 by year five. Five-year ROI measures 32.34% and total cumulative return in cash reaches $52,529. For financing, Ziffy Mortgage’s DSCR program evaluates $1,438/mo property income against a $2,398/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
240 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49879, Republic, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 969 (100%) |
| Owner Occupied HU | 441 (45.5%) |
| Renter Occupied HU | 53 ( 5.5%) |
| Vacant Housing Units | 475 (49.0%) |
| Median Home Value | $173,661 |
| Average Home Value | $266,514 |
Housing Distribution
Address Breakdown
Residential
545
Single Family
513
Multi-Family
32
Businesses
37
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Listed by: BOB SULLIVAN • NORTHERN MICHIGAN LAND BROKERS
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50140309
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.