Four Corners RdAmasaMI49903
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, Four Corners Rd, Amasa, MI, 49903 in Amasa is priced for capital growth, not immediate cash flow. The $189,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $52,466 by year five, with $1,749/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $450 |
City averages based on Amasa market data in our database. Property projections are estimates.
Single Family
Built in 1976
13.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49903, Amasa, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 170 (100%) |
| Owner Occupied HU | 64 (37.6%) |
| Renter Occupied HU | 8 ( 4.7%) |
| Vacant Housing Units | 98 (57.6%) |
| Median Home Value | $190,000 |
| Average Home Value | $279,648 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1976
13.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49903, Amasa, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 170 (100%) |
| Owner Occupied HU | 64 (37.6%) |
| Renter Occupied HU | 8 ( 4.7%) |
| Vacant Housing Units | 98 (57.6%) |
| Median Home Value | $190,000 |
| Average Home Value | $279,648 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: STEVE HARRIS • HARRIS STATE WIDE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50184251
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.