1185 Splendor Valley TrlJohannesburgMI49751
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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 Johannesburg at 1185 Splendor Valley Trl, Johannesburg, MI, 49751 generates $1,714/mo in rent and, after a $1,126/mo payment, leaves $197/mo in cash flow. Total monthly income is $1,714/mo, and annual cash flow is $2,364/yr on $76,245 invested. Return on cash invested sits at 23.01% in year one, and rental yield is 8.94% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 119.99% and total cumulative return in cash sums $91,483. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,714/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49751, Johannesburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,998 (100%) |
| Owner Occupied HU | 807 (40.4%) |
| Renter Occupied HU | 71 ( 3.6%) |
| Vacant Housing Units | 1,120 (56.1%) |
| Median Home Value | $246,101 |
| Average Home Value | $268,259 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
49
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Listed by: Hannah Techel • The TEAM Real Estate Group
Mls Name: WWMLS
Mls ID: #201835405