9204 .25CooksMI49817
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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 Cooks at 9204.25, Cooks, MI, 49817 offers a 20.73% rental yield on a $210,000 purchase with $3,628/mo rent. Total monthly income registers $3,628/mo, and a $1,028/mo payment leaves $2,243/mo available for distribution. Annual cash flow reaches $26,916/yr on $69,615 to close, and return on cash invested stands at 58.57% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 310.68% and total cumulative return in cash at $216,280. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,628/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49817, Cooks, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 256 (100%) |
| Owner Occupied HU | 195 (76.2%) |
| Renter Occupied HU | 18 ( 7.0%) |
| Vacant Housing Units | 43 (16.8%) |
| Median Home Value | $222,794 |
| Average Home Value | $250,449 |
Housing Distribution
Address Breakdown
Residential
238
Single Family
238
Multi-Family
0
Businesses
7
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Listed by: TRAVIS WOOD • GROVER REAL ESTATE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50146366
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.