0VL Nappers RdHerronMI49744
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
Investment property for sale in Herron at 0VL Nappers Rd, Herron, MI, 49744 offers a 12.03% rental yield on a $174,900 purchase with $1,754/mo rent. Total monthly income registers $1,754/mo, and a $856/mo payment leaves $601/mo available for distribution. Annual cash flow reaches $7,208/yr on $57,979 to close, and return on cash invested stands at 32.34% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 170.07% and total cumulative return in cash at $98,604. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,754/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49744, Herron, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 451 (100%) |
| Owner Occupied HU | 359 (79.6%) |
| Renter Occupied HU | 32 ( 7.1%) |
| Vacant Housing Units | 60 (13.3%) |
| Median Home Value | $182,661 |
| Average Home Value | $209,951 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
363
Multi-Family
0
Businesses
13
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