9700 Silver Strand RdLeveringMI49755
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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
Total monthly income runs $3,125/mo, and a $4,136/mo payment. Purchase price stands at $845,000, and rental yield measures 4.44% with $3,125/mo rent. Return on cash invested shows 9.5% in year one, and 5% annual appreciation builds toward $233,458 over five years. Five-year ROI reaches 47.51% and total cumulative return in cash records $132,072. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,125/mo property income covering a $4,136/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49755, Levering, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,371 (100%) |
| Owner Occupied HU | 753 (54.9%) |
| Renter Occupied HU | 116 ( 8.5%) |
| Vacant Housing Units | 502 (36.6%) |
| Median Home Value | $257,886 |
| Average Home Value | $318,310 |
Housing Distribution
Address Breakdown
Residential
981
Single Family
981
Multi-Family
0
Businesses
11
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Listed by: Kristin Mcdonald • Harbor Sotheby's International Rlty - Harbor Sprgs
Mls Name: Northern Michigan MLS
Mls Provider:
Mls ID: #474437
Disclaimer: Copyright Northern Michigan MLS (NM-MLSX). All rights reserved. Information is deemed reliable but not guaranteed.