10334 W Seven Mile RdIronsMI49644
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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
Rental property for sale in Irons at 10334 W Seven Mile Rd, Irons, MI, 49644 generates $1,189/mo in rent and, after a $685/mo payment, leaves $266/mo in cash flow. Total monthly income is $1,189/mo, and annual cash flow is $3,194/yr on $46,377 invested. Return on cash invested sits at 26.8% in year one, and rental yield is 10.2% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 140.4% and total cumulative return in cash sums $65,115. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,189/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
19.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49644, Irons, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,027 (100%) |
| Owner Occupied HU | 890 (29.4%) |
| Renter Occupied HU | 78 ( 2.6%) |
| Vacant Housing Units | 2,059 (68.0%) |
| Median Home Value | $185,507 |
| Average Home Value | $223,949 |
Housing Distribution
Address Breakdown
Residential
1,182
Single Family
1,182
Multi-Family
0
Businesses
49
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