835 Turtle Lake RdUnion CityMI49094
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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 Union City at 835 Turtle Lake Rd, Union City, MI, 49094 earns $428/mo cash flow from $2,239/mo rent with a $1,344/mo payment. Total monthly income totals $2,239/mo, and annual cash flow totals $5,140/yr on $90,997 capital. ROI tracks 25.56% on current figures, and rental yield reads 9.79% at a $274,500 purchase. Equity gained on principal adds $1,771/yr, and 5% annual appreciation supports $75,839 over five years. Five-year ROI reaches 133.68% and total cumulative return in cash sums $121,642. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,239/mo property income instead of your personal income.
Single Family
Built in 2020
2.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49094, Union City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,816 (100%) |
| Owner Occupied HU | 1,298 (71.5%) |
| Renter Occupied HU | 336 (18.5%) |
| Vacant Housing Units | 182 (10.0%) |
| Median Home Value | $157,353 |
| Average Home Value | $197,993 |
Housing Distribution
Address Breakdown
Residential
1,677
Single Family
1,624
Multi-Family
53
Businesses
103
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Listed by: Michael L Thompson • First Choice Real Estate Associates
Mls Name: MichRIC
Mls Provider:
Mls ID: #25025065
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.