9006-N9006 Sand River RdDeertonMI49822
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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 Deerton at 9006-N9006 Sand River Rd, Deerton, MI, 49822 generates $3,113/mo in rent, after a $6,363/mo payment. Total monthly income is $3,113/mo. Return on cash invested sits at 4.81% in year one, and rental yield is 2.87% on a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 22.34% and total cumulative return in cash sums $94,083. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,113/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
360.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49822, Deerton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 288 (100%) |
| Owner Occupied HU | 117 (40.6%) |
| Renter Occupied HU | 14 ( 4.9%) |
| Vacant Housing Units | 157 (54.5%) |
| Median Home Value | $245,000 |
| Average Home Value | $262,863 |
Housing Distribution
Address Breakdown
Residential
88
Single Family
88
Multi-Family
0
Businesses
10
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Listed by: RENEE SEABORG • COLDWELL BANKER SCHMIDT REALTORS
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50143303
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.