15701 Mann RdHickory CornersMI49060
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
Rental property for sale in Hickory Corners at 15701 Mann Rd, Hickory Corners, MI, 49060 generates $3,120/mo in rent and, after a $1,713/mo payment, leaves $812/mo in cash flow. Total monthly income is $3,120/mo, and annual cash flow is $9,744/yr on $116,025 invested. Return on cash invested sits at 28.31% in year one, and rental yield is 10.7% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 148.39% and total cumulative return in cash sums $172,166. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
5.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49060, Hickory Corners, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 901 (100%) |
| Owner Occupied HU | 662 (73.5%) |
| Renter Occupied HU | 92 (10.2%) |
| Vacant Housing Units | 147 (16.3%) |
| Median Home Value | $379,532 |
| Average Home Value | $837,696 |
Housing Distribution
Address Breakdown
Residential
847
Single Family
847
Multi-Family
0
Businesses
34
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Nearby investment properties with comparable prices
Listed by: Jennifer Copeland • Five Star Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25017588
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.