N9578 Lance RdDaggettMI49821
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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 Daggett at N9578 Lance Rd, Daggett, MI, 49821 uses $99,119 cash to close to unlock $4,052/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $2,309/mo, and a $1,463/mo payment keeps the spread at $338/mo. Purchase price stands at $299,000, and rental yield measures 9.27% with $2,309/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 125.3% and total cumulative return in cash records $124,198. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,309/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1885
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49821, Daggett, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 864 (100%) |
| Owner Occupied HU | 459 (53.1%) |
| Renter Occupied HU | 57 ( 6.6%) |
| Vacant Housing Units | 348 (40.3%) |
| Median Home Value | $157,045 |
| Average Home Value | $180,082 |
Housing Distribution
Address Breakdown
Residential
604
Single Family
604
Multi-Family
0
Businesses
11
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