N 4048 Ackland RdSaint IgnaceMI49781
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 Saint Ignace at N 4048 Ackland Rd, Saint Ignace, MI, 49781 earns from $2,400/mo rent with a $2,080/mo payment. Total monthly income totals $2,400/mo. ROI tracks 16.48% on current figures, and rental yield reads 6.78% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 85% and total cumulative return in cash sums $119,753. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Single Family
Built in 2005
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49781, Saint Ignace, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,663 (100%) |
| Owner Occupied HU | 1,415 (53.1%) |
| Renter Occupied HU | 507 (19.0%) |
| Vacant Housing Units | 741 (27.8%) |
| Median Home Value | $170,180 |
| Average Home Value | $232,984 |
Housing Distribution
Address Breakdown
Residential
1,947
Single Family
1,766
Multi-Family
181
Businesses
232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Shepard • Mackinac Properties, Inc
Mls Name: WWMLS
Mls ID: #201836363