W5850 Old Cc RdHermansvilleMI49847
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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 Hermansville at W5850 Old Cc Rd, Hermansville, MI, 49847 with 5% annual appreciation on a $162,500 basis while $1,247/mo rent supports operations. Total monthly income totals $1,247/mo and a $795/mo payment preserves $176/mo for cash returns. Annual cash flow comes to $2,109/yr on $53,869 deployed, and return on cash invested reaches 23.82% in year one. Equity gained on principal adds $1,049/yr, and five-year appreciation sums $44,896 alongside rental yield of 9.21%. Five-year ROI measures 124.4% and total cumulative return in cash totals $67,014.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,247/mo property income versus a $795/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2016
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49847, Hermansville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 563 (100%) |
| Owner Occupied HU | 371 (65.9%) |
| Renter Occupied HU | 79 (14.0%) |
| Vacant Housing Units | 113 (20.1%) |
| Median Home Value | $129,567 |
| Average Home Value | $175,054 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
312
Multi-Family
24
Businesses
21
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Listed by: TINA MARIE GEORGE • NORTHERN MICHIGAN LAND BROKERS - ESCANABA
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50168493
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