1428 S Eight Mile RdKawkawlinMI48631
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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 Kawkawlin at 1428 S Eight Mile Rd, Kawkawlin, MI, 48631 uses $59,339 cash to close to unlock $2,444/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $1,384/mo, and a $876/mo payment keeps the spread at $204/mo. Purchase price stands at $179,000, and rental yield measures 9.28% with $1,384/mo rent. Return on cash invested shows 24.03% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 125.47% and total cumulative return in cash records $74,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,384/mo property income covering a $876/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48631, Kawkawlin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,082 (100%) |
| Owner Occupied HU | 1,743 (83.7%) |
| Renter Occupied HU | 201 ( 9.7%) |
| Vacant Housing Units | 138 ( 6.6%) |
| Median Home Value | $196,294 |
| Average Home Value | $231,725 |
Housing Distribution
Address Breakdown
Residential
1,856
Single Family
1,856
Multi-Family
0
Businesses
134
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