969 Cedar StAllouezMI49805
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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 Allouez at 969 Cedar St, Allouez, MI, 49805 earns from $1,798/mo rent with a $1,601/mo payment. Total monthly income totals $1,798/mo. ROI tracks 15.94% on current figures, and rental yield reads 6.6% at a $327,000 purchase. Equity gained on principal adds $2,110/yr, and 5% annual appreciation supports $90,344 over five years. Five-year ROI reaches 82.1% and total cumulative return in cash sums $88,997. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,798/mo property income instead of your personal income.
Single Family
Built in 2007
1.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49805, Allouez, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 392 (100%) |
| Owner Occupied HU | 288 (73.5%) |
| Renter Occupied HU | 20 ( 5.1%) |
| Vacant Housing Units | 84 (21.4%) |
| Median Home Value | $164,516 |
| Average Home Value | $220,582 |
Housing Distribution
Address Breakdown
Residential
201
Single Family
201
Multi-Family
0
Businesses
4
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Listed by: JEREMY ROWE • NORTHERN MICHIGAN LAND BROKERS - H
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50156772
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.