7891 E Old M28 RdKentonMI49967
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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 Kenton at 7891 E Old M28 Rd, Kenton, MI, 49967 uses $44,753 cash to close to unlock $4,842/yr annual cash flow and $404/mo monthly cash flow. Total monthly income runs $1,294/mo, and a $661/mo payment keeps the spread at $404/mo. Purchase price stands at $135,000, and rental yield measures 11.5% with $1,294/mo rent. Return on cash invested shows 30.73% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 161.45% and total cumulative return in cash records $72,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,294/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1950
65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49967, Trout Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 486 (100%) |
| Owner Occupied HU | 171 (35.2%) |
| Renter Occupied HU | 18 ( 3.7%) |
| Vacant Housing Units | 297 (61.1%) |
| Median Home Value | $132,292 |
| Average Home Value | $169,693 |
Housing Distribution
Address Breakdown
Residential
245
Single Family
245
Multi-Family
0
Businesses
9
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Listed by: DALE GORDON • NORTHERN MICHIGAN LAND BROKERS - H
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50162818
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.