8830 N 39th StAugustaMI49012
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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
Rental property for sale in Augusta at 8830 N 39th St, Augusta, MI, 49012 generates $2,778/mo in rent, after a $2,178/mo payment. Total monthly income is $2,778/mo. Return on cash invested sits at 18.64% in year one, and rental yield is 7.49% on a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 96.56% and total cumulative return in cash sums $142,436. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,778/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
2.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49012, Augusta, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,412 (100%) |
| Owner Occupied HU | 1,172 (83.0%) |
| Renter Occupied HU | 159 (11.3%) |
| Vacant Housing Units | 81 ( 5.7%) |
| Median Home Value | $350,376 |
| Average Home Value | $446,826 |
Housing Distribution
Address Breakdown
Residential
1,501
Single Family
1,478
Multi-Family
23
Businesses
58
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