0 Sage RivNewberryMI49868
Nearby investment properties with comparable rents
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
Investment Highlights
Rental property for sale in Newberry at 0 Sage Riv, Newberry, MI, 49868 priced at $105,900 pairs $817/mo rent with $119/mo cash flow after a $518/mo payment. Total monthly income equals $817/mo, and annual cash flow comes to $1,428/yr on $35,106 invested. Return on cash invested is 23.98% in year one, and rental yield stands at 9.26% on a $105,900 basis. Equity gained on principal adds $683/yr, and 5% annual appreciation accumulates to $29,258 by year five. Five-year ROI measures 125.2% and total cumulative return in cash reaches $43,952. For financing, Ziffy Mortgage’s DSCR program evaluates $817/mo property income against a $518/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49868, Newberry, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,926 (100%) |
| Owner Occupied HU | 1,452 (49.6%) |
| Renter Occupied HU | 404 (13.8%) |
| Vacant Housing Units | 1,070 (36.6%) |
| Median Home Value | $117,892 |
| Average Home Value | $180,358 |
Housing Distribution
Address Breakdown
Residential
1,655
Single Family
1,595
Multi-Family
60
Businesses
233
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Nearby investment properties with comparable prices