7978 Willowbrook CirMancelonaMI49659
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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 Mancelona at 7978 Willowbrook Cir, Mancelona, MI, 49659 listed at $207,610 pairs $1,835/mo rent with a $1,016/mo payment to leave $466/mo cash flow. Total monthly income runs $1,835/mo, and annual cash flow reaches $5,593/yr on $68,823 cash to close. Return on cash invested measures 28.04% in year one, and rental yield registers 10.61% at a $207,610 basis. Equity gained on principal adds $1,340/yr, and annual property appreciation at 5% supports $57,359 by year five. Five-year ROI tracks 147.02% and total cumulative return in cash totals $101,181. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,835/mo property income relative to a $1,016/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1999
2.07 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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Listed by: Jeff Jarvis • Key Realty One
Mls Name: EUPBR
Mls Provider:
Mls ID: #25-264
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.