N5504 N Eben Rd, Eben Junction, MI, 49825 | 3.39% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

8 Bed
4 Bath
2655 sft

516/518 Stratocruiser St, Gwinn, MI, 49841

2 Bed
1 Bath
802 sft

3722 E Onota St, Chatham, MI, 49816

3 Bed
2 Bath
1276 sft

N-6097 Cedar St, Wetmore, MI, 49895

3 Bed
2 Bath
1146 sft

123 Provider St, Gwinn, MI, 49841

Nearby investment properties with comparable prices

3 Bed
2 Bath
1325 sft

N9163 Deerton Rd, Deerton, MI, 49822

3 Bed
3 Bath
2501 sft

6820 North Bnd, Munising, MI, 49862

3 Bed
2 Bath
2242 sft

168 Kreiger Dr, Skandia, MI, 49885

3 Bed
2 Bath
1634 sft

E9415 Maple St, Munising, MI, 49862

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $917/mo, and a $1,591/mo payment. Purchase price stands at $325,000, and rental yield measures 3.39% with $917/mo rent. Return on cash invested shows 6.25% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 30.13% and total cumulative return in cash records $32,461. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $917/mo property income covering a $1,591/mo payment rather than investor’s personal income.

Multi Family

Built in 1932

0.99 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49825, Eben Junction, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	107 (100%)
Owner Occupied HU	88 (82.2%)
Renter Occupied HU	7 ( 6.5%)
Vacant Housing Units	12 (11.2%)
Median Home Value	$266,667
Average Home Value	$301,705