148 E Channel DrSheridanMI48884
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sheridan at 148 E Channel Dr, Sheridan, MI, 48884 listed at $334,000 pairs $2,153/mo rent with a $1,635/mo payment. Total monthly income runs $2,153/mo. Return on cash invested measures 19.28% in year one, and rental yield registers 7.74% at a $334,000 basis. Equity gained on principal adds $2,155/yr, and annual property appreciation at 5% supports $92,278 by year five. Five-year ROI tracks 100.02% and total cumulative return in cash totals $110,742. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,153/mo property income relative to a $1,635/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.59 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48884, Sheridan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,784 (100%) |
| Owner Occupied HU | 1,378 (77.2%) |
| Renter Occupied HU | 245 (13.7%) |
| Vacant Housing Units | 161 ( 9.0%) |
| Median Home Value | $223,711 |
| Average Home Value | $231,154 |
Housing Distribution
Address Breakdown
Residential
1,709
Single Family
1,668
Multi-Family
41
Businesses
66
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