County Road 442Mc MillanMI49853
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mc Millan at County Road 442, Mc Millan, MI, 49853 at $115,000 posts ROI 28.55% with $275/mo cash flow from $1,033/mo rent. Total monthly income equals $1,033/mo, and annual cash flow records $3,294/yr on $38,123 to close. Return on cash invested measures 28.55% and rental yield reads 10.78% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 149.76% and total cumulative return in cash totals $57,093.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,033/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49853, Mc Millan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 508 (41.2%) |
| Renter Occupied HU | 48 ( 3.9%) |
| Vacant Housing Units | 678 (54.9%) |
| Median Home Value | $239,894 |
| Average Home Value | $252,170 |
Housing Distribution
Address Breakdown
Residential
545
Single Family
545
Multi-Family
0
Businesses
26
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Nearby investment properties with comparable prices