Zip Code 49403 — Conklin, MI
🔴WEAK— appreciation play onlyCap Rate
2.8%
Monthly Cash Flow
-$1,128
Median Home Price
$379,122
DSCR
0.44
🏠 Fair Market Rents
- Studio
- $970/mo
- 1 Bedroom
- $1,160/mo
- 2 Bedroom
- $1,320/mo
- 3 Bedroom
- $1,740/mo
- 4 Bedroom
- $1,850/mo
📊 Investment Metrics
- Cap Rate
- 2.8%
- Cash-on-Cash Return
- -15.5%
- Price-to-Rent Ratio
- 18.2
- 1% Rule
- 0.46%
- Gross Rent Multiplier
- 18.2
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
Customize these numbers in the calculator →