864 Fairway DrGaylordMI49735
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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 Gaylord at 864 Fairway Dr, Gaylord, MI, 49735 with 5% annual appreciation on a $399,000 basis while $2,798/mo rent supports operations. Total monthly income totals $2,798/mo and a $1,953/mo payment preserves $167/mo for cash returns. Annual cash flow comes to $2,000/yr on $132,269 deployed, and return on cash invested reaches 21.42% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 8.42%. Five-year ROI measures 111.48% and total cumulative return in cash totals $147,458.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,798/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49735, Gaylord, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,592 (100%) |
| Owner Occupied HU | 6,690 (57.7%) |
| Renter Occupied HU | 2,091 (18.0%) |
| Vacant Housing Units | 2,811 (24.2%) |
| Median Home Value | $227,968 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
9,514
Single Family
8,967
Multi-Family
547
Businesses
768
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