11986 Reyburn Dr NESpartaMI49345
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 Sparta at 11986 Reyburn Dr NE, Sparta, MI, 49345 listed at $524,900 pairs $1,924/mo rent with a $2,569/mo payment. Total monthly income runs $1,924/mo. Return on cash invested measures 9.38% in year one, and rental yield registers 4.4% at a $524,900 basis. Equity gained on principal adds $3,387/yr, and annual property appreciation at 5% supports $145,020 by year five. Five-year ROI tracks 46.87% and total cumulative return in cash totals $80,941. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,924/mo property income relative to a $2,569/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1932
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49345, Sparta, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,478 (100%) |
| Owner Occupied HU | 4,521 (82.5%) |
| Renter Occupied HU | 800 (14.6%) |
| Vacant Housing Units | 157 ( 2.9%) |
| Median Home Value | $330,262 |
| Average Home Value | $362,473 |
Housing Distribution
Address Breakdown
Residential
5,414
Single Family
5,106
Multi-Family
308
Businesses
339
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices