11205 Scipio HwyVermontvilleMI49096
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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 Vermontville at 11205 Scipio Hwy, Vermontville, MI, 49096 generates $2,604/mo in rent, after a $1,958/mo payment. Total monthly income is $2,604/mo. Return on cash invested sits at 19.6% in year one, and rental yield is 7.81% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 101.7% and total cumulative return in cash sums $134,860. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,604/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
5.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49096, Vermontville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 1,002 (80.8%) |
| Renter Occupied HU | 164 (13.2%) |
| Vacant Housing Units | 74 ( 6.0%) |
| Median Home Value | $253,727 |
| Average Home Value | $293,565 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,184
Multi-Family
16
Businesses
36
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Listed by: Narmeen Shango • eXp Realty, LLC
Mls Name: MichRIC
Mls ID: #26001079