1173 Hackman DrTemperanceMI48182
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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 Temperance at 1173 Hackman Dr, Temperance, MI, 48182 uses $116,025 cash to close to unlock $1,716/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $2,451/mo, and a $1,713/mo payment keeps the spread at $143/mo. Purchase price stands at $350,000, and rental yield measures 8.4% with $2,451/mo rent. Return on cash invested shows 21.39% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 111.3% and total cumulative return in cash records $129,134. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,451/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48182, Temperance, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,855 (100%) |
| Owner Occupied HU | 8,042 (81.6%) |
| Renter Occupied HU | 1,499 (15.2%) |
| Vacant Housing Units | 314 ( 3.2%) |
| Median Home Value | $269,058 |
| Average Home Value | $288,379 |
Housing Distribution
Address Breakdown
Residential
9,133
Single Family
8,790
Multi-Family
343
Businesses
368
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Listed by: Nicholas Lutz • REALTEAM Real Estate
Mls Name: Realcomp II
Mls ID: #20251061919