N4829 State Highway M95Iron MountainMI49801
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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 Iron Mountain at N4829 State Highway M95, Iron Mountain, MI, 49801 earns from $1,380/mo rent with a $1,953/mo payment. Total monthly income totals $1,380/mo. ROI tracks 8.56% on current figures, and rental yield reads 4.15% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 42.5% and total cumulative return in cash sums $56,210. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,380/mo property income instead of your personal income.
Single Family
Built in 2024
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49801, Iron Mountain, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,881 (100%) |
| Owner Occupied HU | 4,061 (69.1%) |
| Renter Occupied HU | 1,147 (19.5%) |
| Vacant Housing Units | 673 (11.4%) |
| Median Home Value | $178,357 |
| Average Home Value | $215,842 |
Housing Distribution
Address Breakdown
Residential
5,352
Single Family
5,196
Multi-Family
156
Businesses
755
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Nearby investment properties with comparable prices
Listed by: JANA VISH • MULTI STATE REALTY
Mls Name: Upper Peninsula AOR
Mls ID: #50195407