W4593 Number 34 RdCarneyMI49812
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, W4593 Number 34 Rd, Carney, MI, 49812 in Carney is priced for capital growth, not immediate cash flow. The $165,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $45,586 by year five, with $1,520/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.8% |
| Monthly Cash Flow | $0 | $500 |
City averages based on Carney market data in our database. Property projections are estimates.
Manufactured
Built in 1997
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49812, Carney, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 437 (64.6%) |
| Renter Occupied HU | 53 ( 7.8%) |
| Vacant Housing Units | 186 (27.5%) |
| Median Home Value | $194,940 |
| Average Home Value | $218,673 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Manufactured
Built in 1997
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49812, Carney, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 437 (64.6%) |
| Renter Occupied HU | 53 ( 7.8%) |
| Vacant Housing Units | 186 (27.5%) |
| Median Home Value | $194,940 |
| Average Home Value | $218,673 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices