1400 McMillan RdOwossoMI48867
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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 Owosso at 1400 McMillan Rd, Owosso, MI, 48867 listed at $980,000 pairs $1,855/mo rent with a $4,797/mo payment. Total monthly income runs $1,855/mo. Return on cash invested measures 2.91% in year one, and rental yield registers 2.27% at a $980,000 basis. Equity gained on principal adds $6,324/yr, and annual property appreciation at 5% supports $270,756 by year five. Five-year ROI tracks 12.18% and total cumulative return in cash totals $39,276. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,855/mo property income relative to a $4,797/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
49,299 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48867, Owosso, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,293 (100%) |
| Owner Occupied HU | 8,382 (68.2%) |
| Renter Occupied HU | 3,189 (25.9%) |
| Vacant Housing Units | 722 ( 5.9%) |
| Median Home Value | $165,494 |
| Average Home Value | $198,462 |
Housing Distribution
Address Breakdown
Residential
11,929
Single Family
10,663
Multi-Family
1,266
Businesses
931
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