Four Corners RdAmasaMI49903
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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
Rental property for sale in Amasa at Four Corners Rd, Amasa, MI, 49903 generates $0/mo in rent, after a $929/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.95% in year one, and rental yield is 0% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
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
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No similar rental properties found nearby.
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Listed by: STEVE HARRIS • HARRIS STATE WIDE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50184251
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