13546 Iowa AveEagleMI48822
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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 Eagle at 13546 Iowa Ave, Eagle, MI, 48822 offers a 13.22% rental yield on a $120,850 purchase with $1,331/mo rent. Total monthly income registers $1,331/mo, and a $592/mo payment leaves $534/mo available for distribution. Annual cash flow reaches $6,403/yr on $40,062 to close, and return on cash invested stands at 35.89% in year one. Equity gained on principal adds $780/yr while 5% annual appreciation supports $33,389 over five years. Portfolio math shows five-year ROI at 189.15% and total cumulative return in cash at $75,778. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,331/mo property income against a $592/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48822, Eagle, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,217 (100%) |
| Owner Occupied HU | 1,083 (89.0%) |
| Renter Occupied HU | 87 ( 7.1%) |
| Vacant Housing Units | 47 ( 3.9%) |
| Median Home Value | $323,021 |
| Average Home Value | $373,892 |
Housing Distribution
Address Breakdown
Residential
1,189
Single Family
1,189
Multi-Family
0
Businesses
34
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