13541-16 Mile Rd NE, Gowen, MI, 49326 | $231/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2070 sft

1500 Serenity Valley Dr NE, Cedar Springs, MI, 49319

3 Bed
3 Bath
2128 sft

1369 Trevor Ct NE, Grand Rapids, MI, 49525

3 Bed
2 Bath
1150 sft

22770 Oak St, Pierson, MI, 49339

4 Bed
2 Bath
2464 sft

21008 Tamarack Rd, Howard City, MI, 49329

Nearby investment properties with comparable prices

4 Bed
2 Bath
2008 sft

6150 Rogue River Meadows Dr NE, Belmont, MI, 49306

2 Bed
2 Bath
1542 sft

1398 Center Hill Rd SE #51, Lowell, MI, 49331

4 Bed
2 Bath
2028 sft

6790 Nineteen Mile Rd NE, Cedar Springs, MI, 49319

3 Bed
4 Bath
2510 sft

605 Scott View Ct NE, Comstock Park, MI, 49321

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Gowen at 13541-16 Mile Rd NE, Gowen, MI, 49326 uses $157,297 cash to close to unlock $2,776/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $3,360/mo, and a $2,322/mo payment keeps the spread at $231/mo. Purchase price stands at $474,500, and rental yield measures 8.5% with $3,360/mo rent. Return on cash invested shows 21.67% in year one, and 5% annual appreciation builds toward $131,096 over five years. Five-year ROI reaches 112.85% and total cumulative return in cash records $177,510. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $2,322/mo payment rather than investor’s personal income.

Single Family

Built in 2024

0.93 Acres lot

$N/A/sqft

No HOA