11531 Rutan CirJeromeMI49249
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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
Investment property for sale in Jerome at 11531 Rutan Cir, Jerome, MI, 49249 uses $109,362 cash to close to unlock $3,218/yr annual cash flow and $268/mo monthly cash flow. Total monthly income runs $2,444/mo, and a $1,615/mo payment keeps the spread at $268/mo. Purchase price stands at $329,900, and rental yield measures 8.89% with $2,444/mo rent. Return on cash invested shows 22.85% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 119.2% and total cumulative return in cash records $130,359. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,444/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49249, Jerome, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,882 (100%) |
| Owner Occupied HU | 1,324 (70.4%) |
| Renter Occupied HU | 144 ( 7.7%) |
| Vacant Housing Units | 414 (22.0%) |
| Median Home Value | $254,545 |
| Average Home Value | $286,856 |
Housing Distribution
Address Breakdown
Residential
1,653
Single Family
1,653
Multi-Family
0
Businesses
13
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