116 N West StTekonshaMI49092
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 Tekonsha at 116 N West St, Tekonsha, MI, 49092 with 5% annual appreciation on a $178,100 basis while $1,962/mo rent supports operations. Total monthly income totals $1,962/mo and a $872/mo payment preserves $787/mo for cash returns. Annual cash flow comes to $9,447/yr on $59,040 deployed, and return on cash invested reaches 35.91% in year one. Equity gained on principal adds $1,149/yr, and five-year appreciation sums $49,206 alongside rental yield of 13.22%. Five-year ROI measures 189.24% and total cumulative return in cash totals $111,728.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,962/mo property income versus a $872/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2000
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49092, Tekonsha, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 954 (100%) |
| Owner Occupied HU | 741 (77.7%) |
| Renter Occupied HU | 130 (13.6%) |
| Vacant Housing Units | 83 ( 8.7%) |
| Median Home Value | $221,067 |
| Average Home Value | $256,717 |
Housing Distribution
Address Breakdown
Residential
798
Single Family
798
Multi-Family
0
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices