1610 22 Mile RdSearsMI49679
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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 Sears at 1610 22 Mile Rd, Sears, MI, 49679 uses $49,924 cash to close to unlock $11,256/yr annual cash flow and $938/mo monthly cash flow. Total monthly income runs $1,931/mo, and a $737/mo payment keeps the spread at $938/mo. Purchase price stands at $150,600, and rental yield measures 15.39% with $1,931/mo rent. Return on cash invested shows 42.45% in year one, and 5% annual appreciation builds toward $41,608 over five years. Five-year ROI reaches 224.29% and total cumulative return in cash records $111,974. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,931/mo property income covering a $737/mo payment rather than investor’s personal income.
Single Family
Built in N/A
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49679, Sears, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 854 (100%) |
| Owner Occupied HU | 439 (51.4%) |
| Renter Occupied HU | 48 ( 5.6%) |
| Vacant Housing Units | 367 (43.0%) |
| Median Home Value | $186,638 |
| Average Home Value | $215,997 |
Housing Distribution
Address Breakdown
Residential
598
Single Family
598
Multi-Family
0
Businesses
14
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