13742 California 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 13742 California Ave, Eagle, MI, 48822 uses $33,614 cash to close to unlock $14,179/yr annual cash flow and $1,182/mo monthly cash flow. Total monthly income runs $1,850/mo, and a $496/mo payment keeps the spread at $1,182/mo. Purchase price stands at $101,400, and rental yield measures 21.89% with $1,850/mo rent. Return on cash invested shows 62.09% in year one, and 5% annual appreciation builds toward $28,015 over five years. Five-year ROI reaches 329.65% and total cumulative return in cash records $110,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,850/mo property income covering a $496/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
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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