966 Frankfort AveElbertaMI49628
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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 Elberta at 966 Frankfort Ave, Elberta, MI, 49628 listed at $189,000 pairs $1,600/mo rent with a $925/mo payment to leave $354/mo cash flow. Total monthly income runs $1,600/mo, and annual cash flow reaches $4,244/yr on $62,654 cash to close. Return on cash invested measures 26.68% in year one, and rental yield registers 10.16% at a $189,000 basis. Equity gained on principal adds $1,220/yr, and annual property appreciation at 5% supports $52,217 by year five. Five-year ROI tracks 139.72% and total cumulative return in cash totals $87,538. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,600/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49628, Elberta, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
14
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