10264 Scott RdFreelandMI48623
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 Freeland at 10264 Scott Rd, Freeland, MI, 48623 earns $16/mo cash flow from $2,453/mo rent with a $1,809/mo payment. Total monthly income totals $2,453/mo, and annual cash flow totals $190/yr on $122,489 capital. ROI tracks 20.06% on current figures, and rental yield reads 7.97% at a $369,500 purchase. Equity gained on principal adds $2,384/yr, and 5% annual appreciation supports $102,086 over five years. Five-year ROI reaches 104.21% and total cumulative return in cash sums $127,648. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,453/mo property income instead of your personal income.
Single Family
Built in 2015
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48623, Freeland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,439 (100%) |
| Owner Occupied HU | 4,603 (84.6%) |
| Renter Occupied HU | 598 (11.0%) |
| Vacant Housing Units | 238 ( 4.4%) |
| Median Home Value | $283,821 |
| Average Home Value | $326,566 |
Housing Distribution
Address Breakdown
Residential
5,234
Single Family
5,234
Multi-Family
0
Businesses
330
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin McGregor • Keller Williams Preferred
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50179218
Disclaimer: Source MLS: MiRealSource Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. [Click here for more information](/mls-disclaimers/#261)