N-1083 E 2nd AveTrenaryMI49891
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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 Trenary at N-1083 E 2nd Ave, Trenary, MI, 49891 earns from $0/mo rent with a $749/mo payment. Total monthly income totals $0/mo. ROI tracks -3.97% on current figures, and rental yield reads 0% at a $153,000 purchase. Equity gained on principal adds $987/yr, and 5% annual appreciation supports $42,271 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1991
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49891, Trenary, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 369 (100%) |
| Owner Occupied HU | 211 (57.2%) |
| Renter Occupied HU | 17 ( 4.6%) |
| Vacant Housing Units | 141 (38.2%) |
| Median Home Value | $193,452 |
| Average Home Value | $206,955 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
192
Multi-Family
0
Businesses
20
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No similar rental properties found nearby.
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Listed by: JORDAN LAPLANT • COLDWELL BANKER SCHMIDT ESCANABA
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50172315
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.