8935 35th AveRemusMI49340
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
Rental property for sale in Remus at 8935 35th Ave, Remus, MI, 49340 generates $1,979/mo in rent and, after a $1,079/mo payment, leaves $525/mo in cash flow. Total monthly income is $1,979/mo, and annual cash flow is $6,302/yr on $73,096 invested. Return on cash invested sits at 28.53% in year one, and rental yield is 10.77% on a $220,500 entry. Equity gained on principal adds $1,423/yr, while 5% annual appreciation builds toward $60,920 over five years. Five-year ROI reaches 149.66% and total cumulative return in cash sums $109,392. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,979/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
2.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49340, Remus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,331 (100%) |
| Owner Occupied HU | 1,047 (78.7%) |
| Renter Occupied HU | 160 (12.0%) |
| Vacant Housing Units | 124 ( 9.3%) |
| Median Home Value | $196,680 |
| Average Home Value | $219,105 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,160
Multi-Family
49
Businesses
64
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
