N10255 N River StRamsayMI49959
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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 Ramsay at N10255 N River St, Ramsay, MI, 49959 uses $34,808 cash to close to unlock $1,158/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $789/mo, and a $514/mo payment keeps the spread at $97/mo. Purchase price stands at $105,000, and rental yield measures 9.02% with $789/mo rent. Return on cash invested shows 23.24% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 121.29% and total cumulative return in cash records $42,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $789/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1919
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49959, Ramsay, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 288 (100%) |
| Owner Occupied HU | 161 (55.9%) |
| Renter Occupied HU | 38 (13.2%) |
| Vacant Housing Units | 89 (30.9%) |
| Median Home Value | $75,000 |
| Average Home Value | $97,562 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
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