9793 Main StBay PortMI48720
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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 Bay Port at 9793 Main St, Bay Port, MI, 48720 uses $38,089 cash to close to unlock $1,304/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $866/mo, and a $562/mo payment keeps the spread at $109/mo. Purchase price stands at $114,900, and rental yield measures 9.04% with $866/mo rent. Return on cash invested shows 23.33% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 121.77% and total cumulative return in cash records $46,382. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $866/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48720, Bay Port, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 589 (100%) |
| Owner Occupied HU | 373 (63.3%) |
| Renter Occupied HU | 77 (13.1%) |
| Vacant Housing Units | 139 (23.6%) |
| Median Home Value | $156,250 |
| Average Home Value | $204,169 |
Housing Distribution
Address Breakdown
Residential
423
Single Family
423
Multi-Family
0
Businesses
23
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