116 White St, Howard City, MI, 49329 | $529/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Howard City at 116 White St, Howard City, MI, 49329 uses $71,273 cash to close to unlock $6,342/yr annual cash flow and $529/mo monthly cash flow. Total monthly income runs $1,946/mo, and a $1,052/mo payment keeps the spread at $529/mo. Purchase price stands at $215,000, and rental yield measures 10.86% with $1,946/mo rent. Return on cash invested shows 28.81% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 151.13% and total cumulative return in cash records $107,713. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,946/mo property income covering a $1,052/mo payment rather than investor’s personal income.

Multi Family

Built in 1920

0.28 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49329, Howard City, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,541 (100%)
Owner Occupied HU	2,849 (80.5%)
Renter Occupied HU	403 (11.4%)
Vacant Housing Units	289 ( 8.2%)
Median Home Value	$226,108
Average Home Value	$242,401