1609 S Sage Lake RdHaleMI48739
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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 Hale at 1609 S Sage Lake Rd, Hale, MI, 48739 listed at $1,199,000 pairs $1,859/mo rent with a $5,869/mo payment. Total monthly income runs $1,859/mo. Return on cash invested measures 1.69% in year one, and rental yield registers 1.86% at a $1,199,000 basis. Equity gained on principal adds $7,737/yr, and annual property appreciation at 5% supports $331,262 by year five. Five-year ROI tracks 5.57% and total cumulative return in cash totals $21,633. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,859/mo property income relative to a $5,869/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
120 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48739, Hale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,225 (100%) |
| Owner Occupied HU | 1,619 (38.3%) |
| Renter Occupied HU | 205 ( 4.9%) |
| Vacant Housing Units | 2,401 (56.8%) |
| Median Home Value | $188,876 |
| Average Home Value | $215,741 |
Housing Distribution
Address Breakdown
Residential
2,212
Single Family
2,212
Multi-Family
0
Businesses
111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.