7931 Twin Lake Rd NEMancelonaMI49659
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 Mancelona at 7931 Twin Lake Rd NE, Mancelona, MI, 49659 at $112,800 posts ROI 52.1% with $1,003/mo cash flow from $1,747/mo rent. Total monthly income equals $1,747/mo, and annual cash flow records $12,039/yr on $37,393 to close. Return on cash invested measures 52.1% and rental yield reads 18.59% at the current $112,800. Equity gained on principal adds $728/yr, and 5% annual appreciation supports $31,165 by year five. Five-year ROI prints 276.12% and total cumulative return in cash totals $103,251.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,747/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49659, Mancelona, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,599 (100%) |
| Owner Occupied HU | 2,407 (52.3%) |
| Renter Occupied HU | 437 ( 9.5%) |
| Vacant Housing Units | 1,755 (38.2%) |
| Median Home Value | $167,432 |
| Average Home Value | $208,685 |
Housing Distribution
Address Breakdown
Residential
2,679
Single Family
2,663
Multi-Family
16
Businesses
136
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