10924 Mystic Heights TrlMattawanMI49071
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 Mattawan at 10924 Mystic Heights Trl, Mattawan, MI, 49071 listed at $624,900 pairs $2,514/mo rent with a $3,059/mo payment. Total monthly income runs $2,514/mo. Return on cash invested measures 10.12% in year one, and rental yield registers 4.83% at a $624,900 basis. Equity gained on principal adds $4,032/yr, and annual property appreciation at 5% supports $172,648 by year five. Five-year ROI tracks 51.07% and total cumulative return in cash totals $105,005. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,514/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49071, Mattawan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,081 (100%) |
| Owner Occupied HU | 3,469 (85.0%) |
| Renter Occupied HU | 437 (10.7%) |
| Vacant Housing Units | 175 ( 4.3%) |
| Median Home Value | $284,983 |
| Average Home Value | $339,384 |
Housing Distribution
Address Breakdown
Residential
4,289
Single Family
4,241
Multi-Family
48
Businesses
225
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