Deerton Onota RdDeertonMI49822
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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 Deerton at Deerton Onota Rd, Deerton, MI, 49822 listed at $133,100 pairs $1,547/mo rent with a $651/mo payment to leave $670/mo cash flow. Total monthly income runs $1,547/mo, and annual cash flow reaches $8,037/yr on $44,123 cash to close. Return on cash invested measures 38.12% in year one, and rental yield registers 13.95% at a $133,100 basis. Equity gained on principal adds $859/yr, and annual property appreciation at 5% supports $36,773 by year five. Five-year ROI tracks 201.05% and total cumulative return in cash totals $88,708. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,547/mo property income relative to a $651/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Lot
Built in N/A
231.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49822, Deerton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 288 (100%) |
| Owner Occupied HU | 117 (40.6%) |
| Renter Occupied HU | 14 ( 4.9%) |
| Vacant Housing Units | 157 (54.5%) |
| Median Home Value | $245,000 |
| Average Home Value | $262,863 |
Housing Distribution
Address Breakdown
Residential
88
Single Family
88
Multi-Family
0
Businesses
10
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Listed by: BROOKE PERRY • KEY REALTY DELTA COUNTY LLC
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50100786
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.